UNESCO is fighting a losing battle in its attempt to halt property developments it fears will damage Westminster’s World Heritage status, a conference has been told. Addressing the London gathering of the Council on Tall Buildings and Urban Habitat... Read More
This week, Balfour Beatty announced the upcoming closure of its Doncaster, Dartford and Rochdale sites after warning that full year profits are unlikely to be impressive two months ago. The closures are expected to affect at least 150 workers, most of whom... Read More
West End strategists have been discussing the future of Oxford Street at a London property conference, the Evening Standard reports. Their discussions focused on the east end of the street which will be transformed by the addition or redevelopment of 220,000... Read More
Earlier this week, London Mayor Boris Johnson gave the go-ahead to a project which has the potential to transform a derelict area of London’s docklands. Boris Johnson with Communities Secretary Eric Pickles The Silvertown Quays project, housed in the... Read More
Canary Wharf Group has offered shoppers a glimpse of what to expect from the Jubilee Place Mall expansion by announcing the first nine tenants. Among the names unveiled are high end fashion brand COS, which will bring its combination of classic and... Read More
During the recession, luxury brands such as Burberry struggled to draw in the crowds as consumers cut back on all but essentials in a bid to save money. However, surprisingly, the one area of the luxury market which remained resilient throughout was Health... Read More
Land Securities has launched the next phase in the regeneration of London’s Victoria district, promising to deliver a ‘vibrant destination’ in which to work, live and spend leisure time. The £2.2 billion mixed use development, in conjunction... Read More
Iconic British toymaker Hornby has posted annual losses, 150 years after the birth of its founder Frank Hornby. The firm, which also owns Corgi and Airfix, posted a pre-tax loss of £3.4 million in the year to March, blaming problems in its supply chain and a... Read More
With the European economic outlook still uncertain, many businesses which count the Eurozone as their primary market are travelling further afield in search of a more stable consumer base. Fashion retailers in particular are seeking to focus on online... Read More
Sainsbury will put rival supermarkets under more pressure today when it is expected to report a further increase in like-for-like sales. Tesco, Britain’s largest retailer, reported a 1 per cent drop in like-for-like sales when it updated the market... Read More