International investors will be lining up to bid for London’s iconic, cucumber-shaped skyscraper known as the Gherkin after lenders to the building appointed receivers yesterday to end years of defaults.
Jason Atherton plans to open his first restaurant in the City of London financial district on May 1 and says he is keen to avoid the tag of celebrity chef even as his international dining empire rapidly expands.
A plan to build a skyscraper near Liverpool Street railway station, slated to be the tallest in the City of London, may be revived this year as rising occupancy rates in the financial district draws investors, according to Peter Rees, the City’s former planning officer.
Angela Merkel wasn’t in a hurry to inflict economic pain on Russia. Cautious, pragmatic and mindful of German business ties to the country, the chancellor tried to defuse the Ukraine crisis through back-channel diplomacy and frequent phone calls with Russian President Vladimir Putin.