The Candy brothers have collected their new 62 metre £30million superyacht Candy- scape II from Monaco. Nick Candy and his girlfriend Holly Vallance have been putting it through its paces, cruising the Caribbean
Six new Ramsay restaurants went into the red for the year ending August 2008. Gordon Ramsay and his father-in-law were forced to put £5million of their own money into the business, to avoid collapse into administration due to unpaid tax. The steps taken have restored the group to profitability for the current financial year.
Foxtons Estate Agents has been taken over by its banks, in a refinancing deal with the owners’ private equity firm BC Partners. Foxtons was founded in 1981 by Jon Hunt, who sold the firm for £360million in May 2007, at the top of the property market.
Work has begun on the new Platinum Medical Centre in St Johns Wood which will house a cancer centre and outpatients department, with 4 operating theatres and 50 consulting rooms.
The former Prime Minister is set to take on a highly paid advisory role to France’s richest man, Bernard Arnault, who is worth £10billion. M. Arnault owns the well known luxury brands group Louis Vuitton Moet Hennessy, which includes Moet & Chandon and Krug Champagnes.
Richard Caring’s Caprice Holdings, which includes The Ivy, Scotts, Le Caprice, George, Harry’s Bar and Annabels, saw pre-tax profits leap by 38pc to £8.4million in the year to June 2009. The tycoon plans to open a further three London venues later this year.
by Edward Lloyd
Prices in Victoria Street are up to 10 per cent higher than those in the Market, and yet the footfall in Victoria Street is amongst the highest among Sainsbury’s stores. Sainsbury’s in Victoria Street became notorious for a black tie launch party for MP’s, hosted by former Chairman Sir Peter Davis, and more recently for a card cloning scam by outside fraudsters, targeting a large number of victims among residents and office work- ers. The company has four outlets within 100 yards of Victoria Station.
A spokesperson for Sainsbury’s commented. “Sainsbury’s operates a national pricing policy so you will pay the same for items no matter where you are. Prices in Sainsbury’s Locals, which are consistent across the country, are slightly higher than in our supermarkets because their central locations and longer trading hours result in higher rents, delivery and employment costs. We have found that our customers appreciate the service offered by our convenience stores and are prepared to pay a small premium in return. In addition, we compare our convenience store prices with those of our competitors in order to re- main competitive.”
