The Kuwaiti real estate conglomerate, St Martins Property Group, has purchased the prestige More London development from London Bridge Holdings for a reported £1.7bn. London Bridge originally announced it intended to refinance the Thames-side... Read More
The National Audit Office has slammed the decision to scrap regional development agencies (RDAs), claiming the patchwork of replacements have not yet “demonstrated” they are boosting business and creating jobs. Kris Hopkins MP (centre) visits a brick... Read More
Demand for shops, offices and industrial space in the North-East has seen its first real rise since 2011. According to the Royal Institution of Chartered Surveyors around nine per cent more of its regional members reported rises rather than falls in... Read More
Unemployment has dropped in recent months with many firms choosing to take on additional staff for the Christmas rush, particularly in the retail and hospitality sectors. This is not only good news for jobseekers looking to re-enter the workforce, but... Read More
Although wage growth and employment are both taking positive turns as the economic situation improves, many UK families are still struggling to make ends meet. Zero hours contracts and underemployment mean that some have no choice but to rely on welfare... Read More
Creative and artistic ventures — often ignored by banks and other businesses — could thrive as part of a rural enterprise hub, researchers have claimed. Researchers from Newcastle University’s Centre for Rural Economy found that enterprise hubs... Read More
More than 30 bids have been received for the multi-billion Euro sell off of property loans issued by the now defunct Anglo Irish Bank. The Anglo Irish interest in the Whitgift Centre is also for sale The two commercial property loan portfolios —... Read More
George Osborne has given his seal of approval to Thomas Heatherwick’s Thames Garden Bridge project. Thomas Heatherwick (right) in conversation with the Duke of York The Chancellor said that the bridge would draw "visitors from across the globe" as he... Read More
British businesses and commercial property owners must improve the energy efficiency of their buildings or risk missing significant economic and environmental opportunities. The warning comes in a report, published jointly by the Westminster... Read More
The Irish division of the international property giant CBRE plunged into the red last year with pre-tax losses of €4.57m (£3.82m). In its annual return CBRE Ireland claimed revenues for 2012 had tumbled by 34 per cent to €7.5m (£6.27m),... Read More
