Humble Grape’s founder on the best London restaurants to book now August 9, 2023 Arriving in the UK from South Africa with £50 in his pocket, James Dawson spent three nights sleeping rough on a park bench after his planned job in social work was cancelled. Now he is the founder and owner of Humble Grape with six locations across London and last year purchased the South African restaurant [...]
Bitcoin’s short-lived breakout lacks momentum August 9, 2023 The cryptocurrency markets saw a brief breakout yesterday, with the price of Bitcoin popping back above $30k for the first time in two weeks.
Secure Trust Bank: New loans surge as lender eyes expansion August 9, 2023 Secure Trust Bank recorded a significant increase in lending in the first half of the year as it sets its sights on continued expansion over the next few years. The specialist bank reported lending growth of 8.2 per cent in the first half of the year, bringing its lending balances to £3.2bn. Three of the [...]
Tom Sellers restaurant review: New opening Dovetale deserves a Michelin star August 9, 2023 Tom Sellers’ highly creative new restaurant Dovetale shows the twice-starred chef has lots more to give, says Adam Bloodworth There’s no way of writing about Tom Sellers without talking about his bad boy reputation. I ask one staff member if he’s been exhibiting his notorious acerbic nature – to put it politely – in the kitchen. [...]
FTSE 100 close: London markets rise despite Chinese deflation August 9, 2023 London’s markets closed higher on Wednesday as a toning down of Italy’s windfall tax on banks calmed investors despite more negative news from China. The FTSE 100 closed 0.80 per cent higher at 7,587.30 while the midcap FTSE 250, which is more aligned with the health of the domestic economy, ended 0.51 per cent higher [...]
John Lewis hires Google Cloud to supercharge digital revamp in £100m deal August 9, 2023 John Lewis is trying to get back on its feet by partnering with Google to drive its digital revamp, and shift away from high-street reliance. Valued at £100m, the partnership aims to improve the efficiency of John Lewis and Waitrose employees, enabling them to provide a better customer experience. Struggling high street favourite John Lewis [...]
WeWork: Flexible office space giant raises ‘substantial doubt’ over its future August 9, 2023 We Work has suffered a sharp fall in its share price after raising "substantial doubt" over its future.
Coca-Cola bottling firm raises outlook on revenue spike as Russia volumes tank August 9, 2023 Coca-Cola HBC AG, the bottling company of the soft drink giant, reported a 19.3 per cent rise in revenues in its half year results as the group raised its outlook for the year. Operating profit for the bottler rose 15.9 per cent to €170m (£146m) as the group said it benefited from price increases in [...]
TUI swings to first post-pandemic profit with this summer ‘going very well’ despite deadly heatwaves August 9, 2023 Tour operator TUI said it had swung to profitability for the first time since the pandemic on the back of soaring summer travel demand, with underlying pre-tax earnings of €169.4m (£145.28m), up by €196.5m year-on-year. Third quarter group revenues surged 19 per cent on the prior year to €5.3bn (£4.55bn) which the company said was driven [...]
TP Icap share price surges after announcing £30m share buyback August 9, 2023 FTSE 250 finance firm TP Icap’s share price surged after it announced a share buyback programme and upped its dividend. The interdealer broker announced a £30m share buyback programme and increased its dividend by seven per cent to 4.8p. The payouts came as pretax profit climbed to £91m from £72m last year thanks to a [...]