David Callaghan
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Balfour chooses new chief
Balfour Beatty is to announce the apppointment of Leo Quinn as its new chief executive today.
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House prices set to stall next year
House price rises will slow down next year from 8.5% growth this year to 3.5% in 2015, according to figures from Knight Frank.
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EE buys Phones 4U mobile business
Mobile group EE has agreed to buy the mobile arm of Phones 4U as the retailer’s administrators continue to sell parts of the business.
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Housebuilders ‘cannot solve housing shortage’
Bellway chief executive Ted Ayres said publicly-listed housebuilders cannot solve the housing shortage.
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Tesco suspends three more executives
Tesco has asked three more senior executives to step aside as the investigation into a mis-statement of £250m profits continues.
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Rate rise less likely as inflation falls
The case for an increase in interest rates became weaker yesterday as inflation dropped to a five-year low of 1.2%.
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Budget hotel groups could merge
Accor has emerged as a bidder for budget hotel rival Louvre Hotels Group.
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Bufffett plans UK estate agents
Warren Buffett is to make his Berkshire Hathaway brand available for the use of new estate agents in the UK.
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Balfour warning to investors
Balfour Beatty has told shareholders that if the proposed sale of its American arm is not approved the company could default on its debts.
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Bank insists election will not affect rates decision
Bank of England governor Mark Carney has insisted that next May’s general election will not influence a decision on whether to raise interest rates.
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Thorntons upbeat despite sales fall
High street chocolate store chain Thorntons reported a 11.9% drop in sales for the three months to October due to fluctuations in the timing of wholesale orders.
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East London plan could create 45,000 homes
New Thames river crossings in east London and Kent could generate up to 60,000 jobs and 45,000 homes, according to a new report.