David Callaghan
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Rates set to remain at low til summer
Interest rates are likely to remain at their current level until June or July next year, investors believe.
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B&M hires new chief
Discount retailer B&M has appointed a new chief operating officer to oversee expansion plans and work alongside its chief executive Simon Arora.
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More than 1.2m people switch bank accounts
A new initiative making it easier to switch current accounts to a new provider has encouraged more than 1.2m people to swap
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Boris rejects claim foreign buyers block Londoners
London Mayor Boris Johnson said claims that foreign buyers were stopping Londoners from buying homes in the capital were “absolutely rubbish”.
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Poundland appoints two directors
Discount high street chain Poundland has appointed two non-executive directors to its board.
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Weather boosts pubs and restaurants
The Indian summer weather in September boosted trading in pubs and restaurants with like-for-like sales 2.2% higher than the same time last year.
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Young’s to buy London pubs
Pub company Young’s is to announce the acquisition of four pubs in London from 580 Group for £11m.
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London office space at six-year low
Availability of office space in central London is at its lowest level for more than six years, according to property consultancy CBRE.
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New Balfour boss takes ‘risk of career’
The new chief executive of Balfour Beatty, Leo Quinn, admitted he is taking the risk of his professional career by agreeing to join the company.
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Aldermore drops float plan
Challenger bank Aldermore has abandoned plans to float on the stock market, and will not revisit the idea until after the general election next May.
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Royal Mail sells Paddington site
Royal Mail is to sell its former site in Paddington for £111m to Great Western Developments.
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House price divide grows wider
The divide between house prices in the north and the south has grown wider, wiith the average cost of a home in London being three times the equivalent in the…