Channel Islands
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Berkeley on target for 200p pay-back
Berkeley Group is on target to return 200p a share to shareholders in January, having generated £476m in cash in 2005-06.
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Prescott criticised for night at Anschutz ranch
John Prescott was under pressure last night to explain why he accepted hospitality from the US billionaire owner of the Millennium Dome while he had ultimate ministerial responsibility for the…
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Tesco protestors keep up pressure over ‘jinxed’ store
Tesco faced renewed calls yesterday to abandon a controversial development in a Buckinghamshire commuter-belt town on the anniversary that the site collapsed on to a railway track.
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Westfield in talks to sell Merry Hill shopping centre stake
Westfield is believed to be in talks to sell a 50% stake in its Merry Hill shopping centre in Dudley to QIC, the Brisbane-based pension fund.
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Tchenguiz and Chelsfield Partners may enter bidding for City airport
Robert Tchenguiz ,the property entrepreneur, and Chelsfield Partners, are considering entering the bidding battle for London’s City airport. The airport was put for sale last month on behalf of Dermot…
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Smoothie bars the next big thing on the high street
Smoothie bars will be the next revolution in food and drinks retailing and are likely to dislodge coffee shops from their leading position on the high street, according to a…
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Foxtons defends its practices
Foxtons founder Jon Hunt gives his first interview for more than 15 years to the Financial Times this Saturday, following a spate of negative publicity about the business over alleged…
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John Malkovich hotel chain launches in UK
The Big Sleep, a design-led budget hotel in Cardiff in which Hollywood actor John Malkovich is an investor, is to be turned into a nationwide chain.
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Miller chief names Scottish entrepreneur of the year
Keith Miller, chief executive of the UK’s largest housebuilder Miller Group, has been named Scotland’s entrepreneur of the year in the Ernst & Young awards.
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Prologis eyes £3.09bn flotation
Prologis, the world’s biggest distribution property owner, is eyeing a potential flotation of its £3.09bn European operations in Euronext in Amsterdam.
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Davidson sells £253m stake to British Land
Property investor and Tory party donor Manny Davidson has sold his half share in retail park owner BL Davidson for £253m to joint venture partner British Land.
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Goldman-led group set to win battle for AB Ports
A consortium led by US investment bank Goldman Sachs looks set to secure ownership of Associated British Ports. The consortium which includes Singapore’s state-owned GIC Investments and Borealis Infrastructure Management…