Barratt Developments said a strong order book meant it was well positioned for the second half of the year. The housebuilder, however, sounded a quiet note of caution about the…
A 3i-backed management buy-out of Countrywide looks increasingly likely to fail after Jana Partners, a US hedge fund, tripled its stake in the estate agent chain.
The self-styled prince of Sealand, a pseudo-independent principality off the coast of Suffolk, is for the first time allowing outsiders to bid for a share of the experimental microstate that…
Britain’s army of buy-to-let enthusiasts could be hit hardest by this Thursday’s surprise increase in interest rates as the dangerous gap between rents and borrowing costs widens even further.
Mortgage lenders yesterday rushed to withdraw cheap fixed-rate deals in response to the Bank of England’s decision to raise the cost of borrowing.
Crest Nicholson is planning to switch sides and recommend an increased indicative offer of £713m from Sir Tom Hunter, the Scottish entrepreneur, after previously opposing a lower-priced proposed takeover.
The housing market was starting to cool even before Thursday’s surprise interest rate rise, according to new data. House price inflation has fallen for the first time in 15 months…
Regional and City Airports, the airport investment and development arm of the construction company Balfour Beatty, has bought Exeter airport from Devon council for £60m.
The number of new companies listing on Aim is set to fall sharply this year, according to brokers and analysts. This is largely because the market’s performance in 2006 left…
Selfridges recorded double-digit sales growth in the run-up to Christmas, joining a roster of upmarket department store winners and adding to the pressure on Debenhams to follow suit.
Tesco has been banned from taking over Carrefour stores in Slovakia amid competition concerns. The Slovak anti-monopoly office yesterday said the deal would change the market structure.
A councillor in Cornwall is under investigation over a property deal in which she made a 2,333% profit in less than 18 months.