London plans

BUSINESSMAN and socialite

Bruce Colley, whose family owns multiple McDonald’s franchises in the US, now plans to open lux‐ury hotels and restaurants in Lon‐don.

The 69 ‐ year ‐ old who is co ‐chairman of Park Lane, the com‐pany that is leading the project, is joining forces with New Zealand financier Rayo Withanage to raise an initial $200 million (€181.6 mil‐lion).

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 Phillips‐Davies, said.

SSE, one of the UK’s biggest renew‐able energy producers, has increased its full‐year profit forecast for the finan‐cial year ending on March 31 on two occasions, thanks to its money‐making gas power plants.