David Callaghan
-
Balfour investors back Parsons sale
Balfour Beatty shareholders have voted in favour of the sale of the company’s US consultancy Parsons Brinckerhoff.
-
Battersea secures £1.4bn deal
Battersea power station developers have struck a £1.4bn deal with a syndicate of Asian and Middle Eastern banks.
-
New Macy’s store to open in Abu Dhabi
US retailer Macy’s is to open a megastore in Abu Dhabi in 2018 as part of a $1bn shopping development.
-
The Range owner never uses email or pc
Chris Dawson, who owns home and garden chain The Range with his wife, didn’t learn to read at school and doesn’t use a computer or email.
-
Portas warns planning change hits business
The government’s high street champion, Mary Portas, has warned that a relaxation of planning laws to encourage the conversion of offices into housing is damaging business clusters.
-
Lloyds to close 200 branches
Lloyds Banking Group has confirmed plans to shut 200 branches and cut 9,000 jobs.
-
Skanska wins Battersea contract
Swedish builder Skanska beat competition from British rivals Mace and Balfour Beatty to win a £750m contract to rebuild Battersea power station.
-
Retail sales hit three-year high
Retailers reported the biggest increase in sales since 2011 between August and October this year.
-
Brookfield sets million letting rate
Developer Brookfield said it had rented out one million sq ft in the last year after 99 Bishopsgate in the City of London became 100% let.
-
Co-op bank chooses new chair
The Co-operative Bank has selected former head of Lloyds TSB’s retail division as its new chairman.
-
Mothercare rescue plan backed by investors
A plan to revive struggling high street chain Mothercare through a £100m rights issue is set to go ahead after backing from shareholders.
-
Investors attack Tesco chief’s golden hello
A golden hello worth £3.8m in shares given to new Tesco chief executive Dave Lewis was criticised by shareholder advisory group Pirc.