Shareholder Minor International say the Wolseley has gone into administration suggesting financial difficulty — which King says isn't’ the case.
🗣️“People are saying, ‘Will I still be able to come in tonight?’ Yes, absolutely!”
So despite the headlines about the group being unable to pay its bill, the restaurants are not about to close? “Absolutely not!” And will he still be at the helm? “Yes,” King says, but adds: “It’s a battle for control” thetimes.co.uk/article/the-wo…
Walking into the hum and bustle of a Corbin & King restaurant feels like an event.
When Sir David Frost was alive there wasn’t an occasion I went to the Wolseley when the great interrogator wasn’t holding court, recalls @Damwhit
Famous faces can be found all around the Wolseley.
Nigella Lawson, Nigel Slater, Bill Nighy, Bradley Cooper, Keira Knightley, James Righton, Jude Law and Emma Watson to name a few have all dined there
In 2020 King predicted that a third of restaurants in London could potentially close because of the effect of the pandemic on the hospitality industry. But he says his nine restaurants (in seven venues) are not in jeopardy
🗣️:“I think 2020 was a particularly difficult year, but we’ve come through that and are climbing out well”
King says there has been a fundamental disagreement about the future of the company, with Minor keen to take the brands to many new destinations
🗣️:“[Minor] felt that we should take Wolseleys into parts of the world which we felt were completely inappropriate. I’m afraid if you just scattergun Wolseleys across the Far East and Middle East, it’s not going to work”
Is all this damaging for the Corbin & King brand?
🗣️:“The word ‘administration’ suggests that the company is really in trouble. The company is not in trouble. It’s purely a technicality on a loan,” King insists
“The whole process was so unnecessary and really damaging for the brand, for the staff, for everybody,” King says
Despite recent events, and the fact that he is now 67, King says he has absolutely no plans to retire. “I don’t think so. It keeps me young”
British computer scientist Stuart Russell has predicted success in creating superintelligent AI “would be the biggest event in human history… and perhaps the last event in human history” thetimes.co.uk/article/is-the…
AI could lead us into a golden age, where we can enjoy lives that are no longer burdened by drudgery. Or it could destroy us as a species. Even if we learn to live with superintelligent machines, they may take all our jobs or create mayhem on battlefields thetimes.co.uk/article/we-sho…
The creation of a superintelligent AI, which Russell has likened to the arrival of a superior alien civilisation (but more likely), is an enormous challenge and a long way off
The R value, a measure of the spread of Covid which represents how many people each person infected will pass the virus on to, is between 0.7 and 0.9, according to ONS.
It means that on average, every 10 people infected will infect between seven and nine others 🦠
However, rates among schoolchildren are rising again.📈
One child in ten aged between two years old and school year six was infected in the week ending January 22, the ONS said🚸
Described as the “American Downton Abbey”, Julian Fellowes’s much-anticipated ten-part drama #TheGildedAge has finally arrived on the screen 📺 thetimes.co.uk/article/how-ac…
Taking place in NYC in the early 1880s, it tells a story about wealthy socialites battling for status.
🗽💰
Marian Brook, a young woman whose spendthrift father has left her penniless, moves into a Fifth Avenue townhouse with her two patrician aunts
The story features a number of historical characters and takes place against a backdrop of real events. Here, we separate the fact from the fiction 👇
1⃣ The Woman in the House Across the Street from the Girl in the Window on Netflix 🪟
Kristen Bell's new mystery series is out. Bell is Anna, the woman in the house, grieving and alone, who sets her sights on the handsome new neighbour until she witnesses a gruesome murder...
2⃣ The Afterparty on Apple TV+
You’re a fan of closed-room murder mysteries? And you’re a fan of fast-moving American comedies? Then this is the high-concept show for you 🥳
In only 12 months Denise Coates, her family and the business she started from a cabin pitched in a car park 22 years ago has contributed £481.7 million to the public purse💰thetimes.co.uk/article/who-is…
Break it down any way you please. This is enough money to pay the salaries of 14,400 nurses or 13,160 secondary school teachers, enough to buy eight new F-35 jets for the RAF. Hell, it could even fund a mile and a bit of HS2🚄
Britain's top taxpayers👇
Today’s gambling apps and websites allow punters to bet round the clock on an array of sports all over the world.
Gaming can be done discreetly from the palm of a punter’s hand, with apps that are easy to use — but have serious implications for those who become addicted📱
Denise Coates, the gambling entrepreneur, and her family have again topped The Sunday Times Tax List this year, contributing more than £480m to the public finances in 12 months thetimes.co.uk/article/the-ta…
The founder of Bet365 heads the rankings that identify 11 individuals and families who paid more than £100m to HM Revenue & Customs in a year – a record number and four more than were found in 2021 thetimes.co.uk/article/who-is…
This surge in the number of £100m-plus taxpayers has resulted in a £510m rise in the overall tax liabilities of Britain’s 50 biggest contributors.