Dev Secs makes £41m disposals August 21, 2012 Development Securities yesterday sold off a residential and two retail sites at Westminster Palace Gardens, Central London, the Wick Site in Littlehampton, and a retail park in Burnley for £40.9m. The Wick site was pre-sold to supermarket Morrisons for £12.5m, which plans to develop a 47,500 square feet store, a petrol station and a car [...]
Supermarkets hold talks with government on Sunday trading August 19, 2012 RETAILERS have been holding discussions with the government and trade bodies over the permanent relaxation of Sunday trading rules, it was revealed yesterday. Current rules limit large shops to six hours of trading between 10am and 6pm on a Sunday. This has been temporarily relaxed during the Olympics and it is thought communities secretary Eric [...]
Can London halt rise of Manchester? August 16, 2012 THE crucial question this season surrounds whether the two Manchester clubs, United and the champions City, can truly be challenged. It’s difficult to see that happening, but I am very interested in seeing how Chelsea evolve. Before it became clear that Robin van Persie was going to leave Arsenal, they would have been rivals too, [...]
Agony for Brits as medal streak finally runs aground August 8, 2012 GREAT Britain’s new-found sense of Olympic invincibility was pricked yesterday, when a series of near misses meant Team GB failed to win a medal for the first time since the first day of the London 2012 Games. Rookie 110m hurdler Lawrence Clarke, who only took up athletics four years ago, was among the closest to [...]
TODAY AT THE GAMES August 7, 2012 Athletics ■ Jamaican sprint duo Usain Bolt and Yohan Blake look to set up a rematch of the 100m final in their respective 200m semi-finals at 20:10. British hurdlers Lawrence Clarke and Andrew Turner compete in the men’s 110m semi-finals at 19:15, vying for a place in the final at 21:15. Shara Proctor features in [...]
Amazon keeps lion’s share of UK market July 23, 2012 ONLINE retail giant Amazon has built up its spot at the top of the UK entertainment market, largely at the expense of supermarket rivals and specialists like HMV, according to research published yesterday. Kantar Worldpanel figures for the 12 weeks to 10 June show that Amazon strengthened its market share by 3.2 percentage points, boosted [...]
ROTHSCHILD SHORTLISTED FOR PROPERTY GONG July 22, 2012 ROTHSCHILD’S new office block has been shortlisted for a prestigious Royal Institute of British Architects Sterling Prize. New Court, designed by OMA with Allies and Morrison and completed last year, has picked up plaudits for opening up views of Wren’s St Stephen Walbrook church and showing off the bank’s art collection within its walls. But [...]
Stoute will be over the Moon to win his sixth King George July 19, 2012 TOMORROW’S Group One highlight, and next round of the QIPCO British Champions Series, the King George VΙ and Queen Elizabeth Stakes (4.35pm), is one of the most prestigious middle-distance races in the calendar and the Ascot showpiece is often the first time the Classic generation step up and meet their older counterparts. Although there is [...]
Budget grocers up market slice July 17, 2012 BUDGET supermarket chains Aldi and Lidl have raised their market share again, new figures showed yesterday. The latest Kantar Worldpanel survey revealed that Lidl and Aldi have 2.9 per cent each of the UK market, a record for the budget chains, which have been catching their rivals as austerity bites. Among the big four grocers, [...]
BEST of the BROKERS July 3, 2012 BTG Merchant Securities has initiated coverage of the speciality healthcare group with a “buy” rating and a target price of 490p, seeing what it calls a tantalising growth story after three development and distribution companies were combined to produce two direct sales operations. As a result the broker is forecasting a significant increase in revenues [...]