New York’s most expensive hotel

. Aman Resort’s Fifth Avenue Hotel in New York has huge rooms, kilos of gold leaf, and is the epitome of luxury. A couple of blocks south of Central Park, the Fifth Avenue hotel opened on August 11, occupying floors seven to 14 of the 30-storey Crown Building, a 1921 landmark at 730 Fifth Avenue.…

Restaurant with a ludicrous profit margin

  Salt Bae’s London restaurant which started as a myth, serving embalmed steaks in gold leaf at £700 each portion, then had to take off the menu at the dining room at the foot of the Park Tower Hotel in Knightsbridge. Nusret UK’s financial statements for 2021, just after three months of opening in the…

Hiroko, ex-wife owed £100m urges judge to jail Barclay

The ex-wife of Business tycoon Sir Frederick Hugh Barclay, former co-owner of The Ritz hotel of London, has called on  Sir  Jonathan Cohen, a judge to jail him, for contempt of court for reneging on the divorce settlement, in a written statement saying “ He has no respect for me or the court. His aim…

League of London’s billionaires

Caroline Knowles delves into London’s plutocrat’s paradise with more resident billionaires than New York, Hong Kong, or Moscow. Far from trickling down, their wealth is burning up the environment and swallowing up the city. Knowles walks the streets of London from the City to suburban Surrey Via Kensington, Notting Hill, Mayfair, and elsewhere. Her walks…

Cost of a pint climbs to £8 in London

The price of a pint in London has hit £8.06 for the first time as pubs struggle to cope with spiraling inflation. Pub companies are threatening further rises because of sharp increases in the cost of grain as a result of the conflict in Ukraine, which is a prime supplier, along with rises in energy…

Budget 2021- Sunak’s support for Covid-19 totals £407bn

“Coronavirus has caused the largest and most sustained economic shocks in this country has ever faced,” Sunak said Furlough scheme extended until the end of September along with VAT cut for hardest-hit sectors to boost the hospitality and tourism industries over the summer. The government will maintain its support for the self-employed, with grants handed…

Pontins discrimanted againt Irish names

The Equality and Human Rights Commission (EHRC) investigated Pontins about their working practices after disclosure it had blacklisted several Irish surnames and screen out their booking for its holiday park from Gypsies and Travellers, after being contacted by a whistleblower. Pontins said it had now signed a legally binding agreement with the EHRC to stop…

Corporate America and China

Clyde Prestowitz who worked for President Ronald Regan, and renowned globalisation and Asian expert has advised subsequent US administrations offers useful advice for Joe Biden the new American 46th president to adopt, as resetting US relations with China will be one of his top agenda. The strategies that the United States and its allies can…

Visionary hotelier dies aged 87

Gulshan Bhatia, 87,  a Tanzanian Asian hotel visionary passed away on 29th December 2020,  a self-made millionaire,  with a fortune of over £90m has steadily worked her way up the property ladder with her hotel stretching from Hiltons in London’s Euston and Paddington as well as a hotel in Kensington Hyatt Regency in Birmingham and…