Where to drink May 27, 2014 London shows no sign of the summer slump as we head towards June, with a variety of bars and clubs launching in all corners of the capital. Jason Atherton’s rise to the top continues quite literally with his new bar at City Social. Situated on the 24th floor of Tower 42 on Broad Street, it [...]
A mean, green, plug-in machine April 22, 2014 The new Mitsubishi Outlander lasts and lasts – it might just be the SUV to clean up the City BATH is a beautiful spa town with World Heritage City status. But its traffic is terrible. If you thought the City was bad, try Bath at 8am on a weekday. It’s the perfect place to sit [...]
A Great British beast of a sports car April 14, 2014 It may not be in the same league as the P1 but the 650S is the best consolation prize anyone could hope for THE McLaren P1 hyper-hybrid might just be the greatest car in the world right now. But it costs nearly a million quid, only 375 are being made and I haven’t been allowed [...]
GKN’s shares climb as firm buys Williams’ hybrid power division April 1, 2014 GKN’S share price surged over two per cent yesterday, after the engineering group said it had agreed to buy a hybrid power unit from Formula One team Williams Grand Prix Engineering. The FTSE 100 firm is acquiring Williams Hybrid Power (WHP) for an initial payment of £8m. Further payments may be made depending on future [...]
Mick the miner raises $3.75bn for new deals March 31, 2014 THE FORMER boss of mining giant Xstrata is back on the acquisition trial after raising up to $3.75bn (£2.25bn) from five institutional investors. Mick Davis, dubbed Mick the Miner for his successful mining exploits, has raised the money through his X2 Resources company vehicle, which will use the money to invest in various metal and [...]
London Assembly warns of the forgotten green impact of HS2 February 24, 2014 THE PLANS to build the first leg of the High Speed 2 railway ignore many effects on Londoners’ health and well-being, the London Assembly said yesterday. Extra noise, lost green space and air pollution kicked off with a decade of construction work should be included in the government’s cost-benefit sums, it added. The Assembly was [...]
Digital natives are having tech children and creating a tidal wave of disruption | City A.M. February 3, 2014 THE NEXT time you are puzzled by an app on your smartphone, the chances are that your three year-old will have the answer. An astonishing 57 per cent of children aged three to five can operate at least one mobile app, up from 19 per cent in 2012. The third anniversary of the Digital Diaries [...]
Digital natives are having tech children and creating a tidal wave of disruption February 2, 2014 THE NEXT time you are puzzled by an app on your smartphone, the chances are that your three year-old will have the answer. An astonishing 57 per cent of children aged three to five can operate at least one mobile app, up from 19 per cent in 2012. The third anniversary of the Digital Diaries [...]
Ignore the pessimists, equities are going up. Here’s why January 24, 2014 Peter Garnry of Saxo Bank is very optimistic when it comes to the future. Innovation is making things better for humanity, and Garnry thinks it's also makes things better for investors, because it pushes up the equity-risk premium "significantly". The chart below shows the S&P 500 performance (excluding dividends) since 1927. Performance is on a [...]
Highest court throws out legal challenge to High Speed Two January 22, 2014 CAMPAIGNERS against High Speed Two have lost their final legal appeal in the UK after two years of fighting the rail project in the courts – though one group pledged to appeal to the European authorities. Transport minister Baroness Kramer said the unanimous decision in the Supreme Court yesterday “fully vindicated” the government’s work on [...]