London plans

BUSINESSMAN and socialite

Bruce Colley, whose family owns multiple McDonald’s franchises in the US, now plans to open luxury hotels and restaurants in London.

The 69 ­ year ­ old who is cochairman of Park Lane, the company that is leading the project, is joining forces with New Zealand financier Rayo Withanage to raise an initial $200 million (€181.6 million).

that demonstrated how the company was able to innovate and push the boundaries of the technology of change in power production, SSE’s chief executive Alistair Phillips­Davies, said.

SSE, one of the UK’s biggest renewable energy producers, has increased its full­year profit forecast for the financial year ending on March 31 on two occasions, thanks to its money­making gas power plants.