David Callaghan
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InterContinental pressed on wage pledge
Trade union Unite has called upon InterContinental Hotel Group to honour its promise to phase in the living wage for its London employees. Times 46
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Cheesegrater bolts break
Two large steel bolts on the Cheesegrater building in London have broken.
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Netto trials UK stores
Danish discount retailer Netto is to trial 15 stores in the north of England in a partnership with Sainsbury’s.
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Village hotels bought by US firm
An American private equity firm has purchased Village Urban Resorts for more than £480m from the De Vere Group.
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Virgin Money lowers float value
Virgin Money has reduced its valuation as it revives plans to float on the stock market.
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M&S shares jump as forecast improves
Marks and Spencer shares lept 10% yesterday as the company raised its dividend and improved its forecast for profits.
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Tower next to Shard given green light
A 26-storey tower made up of 148 luxurious flats to be built next to the Shard in London has been approved.
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Primark sales pile pressure on M&S
Primark enjoyed a 10% rise in sales and profits in the first six weeks of its financial year from 14 September.
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Mansion tax to hit London prices
The prospect of a mansion tax after next year’s general election will hit house price growth in London’s most expensive locations.
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Housebuilding drops to five-month low
Construction activity fell to a five-month low mark in October.
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Persimmon asks soldiers to build houses
Housebuilder Persimmon has started a scheme to attract former miltary personnel to work in the construction industry. The move is designed to help address a skills shortage in the building…
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Balfour finance chief quits
Balfour Beatty’s chief financial officer, Duncan Magrath, is to leave the company after eight years.