Channel Islands
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Tesco expansion held up in Thailand
Tesco is to meet government officials in Thailand next week to discuss plans to limit the growth of large retailers in the country.
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MFI to be sold for just £1
The board of MFI is poised this weekend to approve the sale of its struggling retail business to Merchant Equity Partners, in a deal that will see the furniture chain…
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Rank boss to go
Alun Cathcart is retire as non-executive chairman of Rank after five years with the leisure group. Rank said that Cathcart, 62, would remain until a successor was appointed.
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Kent campus plans scrapped
Plans to build a £1bn science campus in an area of outstanding natural beauty in Kent have been scrapped by Imperial College London after opposition from residents.
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Equity investor set for return
There are signs that the domination of the debt funded purchaser that has characterised commercial property in the UK in the recent times is coming to an end, writes The…
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Wetherspoon turns to coffee and TV
JD Wetherspoon, the UK pub operator has capped a turnaround in its business, claiming to be one of the UK’s largest coffee chains as it tries to turn changed licensing…
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Super-casino public hearings finish
The search for a location for Britain’s first super-casino reached another milestone yesterday when the body advising the government on the venue heard the case for Blackpool in its last…
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Conran to sell restaurants stake
Sir Terence Conran is poised to announce that he is sellng a 49% stake in his upmarket restaurant business to a management team backed by Bank of Scotland, according to…
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US property market continues significant cooling
The speedy slowdown in US house price inflation has continued. According to the National Association of Home Builders, the average new home sale price in July was up only 0.3%…
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Israeli property tycoon to back West Ham FC bid
Israeli property magnate Eli Papouchado is one of the money men backing a possible bid for West Ham FC, according to the Daily Telegraph.
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CLS posts profits hike
CLS Holdings has reported a rise in profits and net asset value in the six months to the end of June and declared a special dividend payout of 51.2p per…
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Supreme court gains consent
The building that will house the new supreme court is to be given planning permission. Lord Falconer of Thoroton, the Lord Chancellor, said that Westminster council has agreed to the…