Piers Wehner

London mayor Boris Johnson faces a £100,000 US capital gains tax bill for the sale of a house in London, which he sold in 2009.

Gordon Ramsey has claimed that is not liable for a £640,000 annual rent bill as a ‘ghostwriting’ machine forged his signature on the lease.

The restoration of the Palace of Westminster, the home of the UK Parliament, could cost taxpayers £3bn, says the man in charge of its restoration.

Listed shopping centre group New River Retail revealed strong half-year results yesterday, with a record pre-tax profit of £12.3m, up 137%.

Residential developer Grainger has listed a 26% rise in profits to £81.1m, and said its gross NAV had risen by 20% to 219p per share.

Britain’s largest developer Land securities has bought the 50% share of Thomas More Square next to St Katherine Docks in London for £85.3m.

Mothercare says it is beginning to see signs of a turnaround, as like-for-like sales grew and margins were flat after five years of decline.

Germany’s answer to the Leaning Tower of Pisa is to be saved from collapse after Angela Merkel’s government pledged €950,000 to its rescue.

Private equity investor Patron Capital is to team up with Legal&General to target social property assets as a strong longer-term investment.

The headquarters of the Metropolitan Police Force, New Scotland Yard near St James Park in London, have been sold for around £300m.

Prime minister David Cameron has said that the “red warning lights are flashing on the dashboard of the global economy” at the G20 summit.

Plans to allow all publicans to buy beer on the open market will be debated in the Commons tomorrow, in a bid to scrap the ’tight tie’.