Capello: 2018 bid not hurt by Triesman May 19, 2010 FABIO CAPELLO insists England remain the “perfect” hosts for the 2018 World Cup despite the controversy surrounding Lord Triesman. Triesman resigned as chairman of the bid – and indeed from the Football Association – on Sunday after he accused rival bidders Spain and Russia of conspiring to bribe referees at this summer’s showpiece. World governing [...]
BA halts strike in court victory May 17, 2010 BRITISH Airways (BA) last night won an eleventh-hour reprieve in its bid to stop cabin crew from walking out, after the High Court granted an injunction on grounds that the strike was unlawful. The judgment ruled that Unite, the union representing cabin crew, did not communicate ballot results to members, meaning the strike – which [...]
Mozzarella in Mayfair goes glam May 17, 2010 Cielo/Luxx 3 New Burlington Street W1S 2JF 020 7297 2893 www.cielorestaurant.co.uk, www.luxx-london.com FOOD *** SERVICE **** ATMOSPHERE *** Cost per person without wine: £50 THESE days, being a restaurant plain and simple just isn’t good enough. Since the credit crunch bit, we have entered a new realm of added value, and if you like to [...]
Crossrail hails decision to finish the link May 13, 2010 CROSSRAIL hailed the decision by new Lib-Con transport secretary Philip Hammond not to scrap the £16bn east-west rail link across the capital yesterday. Terry Morgan, chairman of Crossrail, said: “This is welcome news. To get such early and firm support from the government means the project can go forward with confidence.” Morgan added: “This construction [...]
Gatwick firm eyes second buyout fund May 10, 2010 GATWICK airport owner Global Infrastructure Partners is understood to be preparing to raise a second $5bn (£3.4bn) fund, braving a still-tough market for infrastructure fundraising. GIP, which also owns London City airport, is thought to have held informal discussions with existing and potential investors about its plans and will kick off fundraising in earnest in [...]
TfL acquires Tube Lines in £310m deal May 9, 2010 TRANSPORT for London (TfL) has purchased Tube Lines for £310m, bringing all of the maintenance on three of London Underground’s lines in-house. The deal now means that the public private partnership (PPP) contract to maintain the Jubilee, Piccadilly and Northern lines will now fall under TfL’s remit. Tube Lines, a subsidiary comprising Amey and Bechtel [...]
Labour’s Khan holds Tooting to chants of “Yes we Khan” May 6, 2010 LABOUR HOLD Swing -3.6% TRANSPORT minister Sadiq Khan last night managed to hold onto his key marginal seat of Tooting in South London dealing a significant blow to Conservative hopes of an overall majority. The junior minister had been earmarked as a potential scalp by the Tories. But in the bellwether seat Khan survived a [...]
High concept meets low aspirations May 6, 2010 Film HOT TUB TIME MACHINE Cert: 15 ** PRESUMABLY the makers of Hot Tub Time Machine started with the title – as titles, and indeed ideas, for high-concept extreme silliness go, it’s a humdinger. What couldn’t be funny about a hot tub that transports you back to the neon-coloured, mullet-sporting 1980s? Hmmm – well, pretty [...]
Underground to review plans April 27, 2010 Chris Bolt, the PPP Arbiter, said yesterday that proposed work by the London Underground cannot be financed as the public transport system cannot afford to pay for it. Bolt also decided to delay financing for Tube Lines so that the London Underground can either demonstrate how it intends to pay for work valued at £4.46bn [...]
BACON TOP OF THE CROP OF RICH LIST HEDGIES April 22, 2010 IT’S been rich pickings indeed for the hedge fund community this year, if leaked information from the Sunday Times Rich List’s rundown of the wealthiest hedgies in town is anything to go by. Apart from two individuals whose wealth has stayed the same over the past year (Nat Rothschild at Atticus and Steven Heinz at [...]