Monthly Archives: July 2013



Time Warner Ponders Hudson Yards Move

Posted on 3 July, 2013 by Neil Bird under Worldwide Property News

Time Warner is believed to be in advanced talks about shifting its operations to New York’s Hudson Yards development. According to the FT the multinational media corporation is discussing selling its 80 storey Columbus Circle headquarters and taking over 1... Read More

Japanese Pension Fund Considering Commercial Property Investment

Posted on by Jodee Redmond under Industry News

Japan's public pension fund is the largest pool in the world and with huge amounts of capital to work with, it may start buying real estate in a bid to boost returns. This move could pour tens of billions of dollars into international centers like London and... Read More

Orchid Pub Chain Placed on the Market

Posted on by Kirsten Kennedy under Business News

While much focus has been placed on the plight of the retail sector recently, it is easy to forget that other industries have suffered as a result of economic uncertainty. The local pub was once a cornerstone of British social life, but with the rate of... Read More

Sheffield Retailers Celebrate First Summer Saturday

Posted on by Kirsten Kennedy under Business News

In order to take advantage of the recent lift in consumer confidence, retailers are pulling a number of tricks out of the bag to maximise profits and make up for several years of poor results. Promotions, offers and BOGOF deals have become seemingly permanent... Read More

Google Unveils Plans for New London Headquarters

Posted on 2 July, 2013 by Neil Bird under Commercial Developments

Google has unveiled the details of its new London headquarters. The internet giant submitted plans for the one million sq ft development to Camden Council on Friday and, if approval is granted, construction is expected to begin early next year. The... Read More

Prince Charles Gets Income Boost from Duchy of Cornwall

Posted on by Neil Bird under Top Properties

Prince Charles has received a £700,000 boost to his income thanks to the performance of the Duchy of Cornwall. Official figures show that the Prince earned £19 million from the estate last year in comparison to £18.3 million in 2011. The Duchy is a... Read More

High Speed Broadband Plan Abandoned

Posted on by MOVEHUT under Business News

George Osborne has been forced into a humiliating climb-down over a £150 million ultrafast broadband scheme that was meant to support growth outside London. During his Spending Review statement the Chancellor hardly touched on broadband, despite the top... Read More

Rising Cost of Living Leaves Families Worse Off

Posted on by Kirsten Kennedy under Economy

Despite encouraging economic indicators, rising living costs play a huge role in the lives of families living on the breadline. According to a report by the Joseph Rowntree Foundation (JRF), the past five years have seen the average cost of living for a... Read More

Mystery Bidder Wants Empire State Building

Posted on 1 July, 2013 by Neil Bird under Worldwide Property News

A Middle Eastern bidder has made an astonishing $2.1 billion offer for the Empire State Building. According to the Daily News the identity of the would-be-buyer remains a mystery, but the unnamed group is said to be serious and prepared to enter a bidding war... Read More

Government Dismisses National Grid Power Saving Plan

Posted on by Kirsten Kennedy under Business News

Energy regulator Ofgem has this week warned business owners that power shortages across the UK could lead to widespread blackouts in the coming years. These shortages, it claims, will be caused by a number of factors, not least of which is the closures of... Read More