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Neil Rankin to open temper City in Angel Court on 24th July 2017

Fire | Curry | Wine | Gin Neil Rankin to open temper City in Angel Court on 24th July 2017 Following the immense success of their first solo venture temper Soho, which opened in November 2016, barbeque expert Neil Rankin and business partner and Managing Director Sam Lee will open their second site in the City this summer, specialising in gin, top quality wines from the New World and curry cooked on their signature open fire pit. As with temper Soho, fire and wine will be at the core of temper City. The music, vibrant atmosphere, smoke and theatre of the open kitchen will also be central to the temper City experience. Meat will be cooked ‘low and slow’ over…

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Swingers, Flight Clubs and Escape Rooms – The Future of Socialising? [Competitive Socialising]

Swingers, Flight Clubs, Escape Rooms – the Future of Socialising? Whilst the term ‘competitive socialising’ may be somewhat unheard of, those operating in the space definitely aren’t: think Swingers (crazy golf and cocktails), Flight Club (darts and drinks), and All Star Lanes (bowling and booze). So what is ‘Competitive Socialising’? Competitive socialising is an emerging category in the leisure and hospitality industry. As the name suggests, the concepts are based upon a combination of socialising and competition – often via the reinvention of classic games in the settings of a bar or club. How did it come about? Consumer spending on leisure and hospitality continues to increase, with Londoners spending almost £170 each week, however they now expect more ‘bang…

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So where does that leave the EIS?

So where does that leave the EIS? Less than a month ago, we were poring over the Tory manifesto. Now, we’re glued to the news stations just to make sure we are waking up to the same Prime Minister and Chancellor as last night. The current political uncertainty makes it much harder to predict the likely out-turn of events for the Enterprise Investment Scheme (EIS). So, we need to make a number of assumptions, and the biggest of all is that the current PM and Chancellor will remain in place until at least the end of this year. Assuming this is the case, the following could be deemed to be reasonable assumptions: A softer Brexit as a result of the…

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It’s official – the EIS is “world-leading”

It’s official – the EIS is “world-leading”! The Tory manifesto published at the end of last week makes fascinating reading. The EIS and SEIS were given specific mention: “We will help innovators and start-ups, by encouraging early stage investment and considering further incentives under our world leading Enterprise Investment Scheme and Seed Enterprise Investment Scheme” This is encouraging and very re-assuring and is clear evidence that our (almost certain!) future government takes support for the Enterprise Economy very seriously. We spend a lot of time watching the signals coming out of government, listening to rumour and lobbying HMRC and HM Treasury for better understanding of the EIS and the issues involved, so statements of this nature are very helpful. It…

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Ride the food revolution with the SEIS!

Ride the food revolution with the SEIS! There’s a food revolution going on out there! New research published this week by food retail research specialists Kantar Worldpanel indicates a massive shift going on in food retail. It’s being led by younger people and it’s all about health. According to the research, which has a research base of 30,000 households, 54% of all people had bought a “free from” food product within the last 3 months. My own experience tells me the same – the Free From section in my local supermarket just gets bigger and bigger every month. “Gluten free” and “dairy free” are the two biggest trends, but the obsession with health extends to lactose, refined sugars, processed ingredients and…

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How To Survive Losses with the SEIS

How To Survive Losses with the SEIS Losing money is an integral part of the capitalist system, which brings with it both innovation and human progress. As highlighted by Luke Johnson in last weekend’s Sunday Times, a famous pioneer in early-stage tech investing has claimed to have made more failed investments than anyone else in England! The key point is that in among the losers there have been some winners and if you approach early-stage investment on a spread portfolio basis, you stand a good chance of ending up ahead even after allowing for the complete write-off of some of the investments. Further, if you take advantage of the SEIS (Seed Enterprise Investment Scheme) you can dramatically limit your losses….

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