Piers Wehner

Tony Ryan, the founder of Mar City, argues that companies such as his are the future of housebuilding and will ‘disrupt’ the sector.

A think-tank is calling for powers to be transferred from Westminster to City Hall to tackle the capital’s housing crisis, as part of any devolution plans.

Next month Sainsbury will go into competition with itself as it teams up with Danish group Netto to launch a new discount supermarket business.

KidZania, the educational theme park which allows children to experience the ‘thrill’ of doing a job, is planning to open two more sites in the UK.

Segro’s chief executive David Sleath has outlined plans to cater for more Asian firms requiring European distribution hubs.

The European Union has demanded that the UK pay a €2.13bn surcharge in addition to the €8.6bn already paid.

Tesco chairman Sir Richard Broadbent, will resign after the UKs biggest retailer admitted that profits had been overstated for longer than previously thought.

Chancellor George Osborne will propose handing more powers to England’s cities next month, but that will not include tax-raising abilities.

Spirit Pub Company has dismissed an initial offer from Dublin-based cider maker C&C, leaving Green King in pole position to buy the business.

Weaker performance in housing and retail in official GDP figures for the third quarter suggest that the speed of economic growth in the UK is slowing.

Shares in Foxtons tumbled nearly 20% yesterday after the estate agent announced that its earnings for 2014 would fall below last year’s £50m.

City dwellers around the world are paying $650bn more than they can afford in housing costs each year, according to research by McKinsey.