Battersea Power Station nears completion with £280m new loan Property The developers behind Battersea Power Station have secured a new £280m refinancing as the £5bn regeneration project nears its final stage. The Battersea Power Station Development Company secured the new loan from the group of lenders which have backed the project since it began in 2012, including London-listed Standard Chartered, Malaysian bank CIMB, Singaporean financial [...]
Rocket Padel raises £7m ahead of West London and East Croydon club openings Sport Business Rocket Padel has raised €8m (£6.8m) as the international club operator pushes ahead with plans to open two major new sites in West London and East Croydon. The funding round values the business, which runs five clubs in Denmark, four in the UK and is building its first in Spain, at an undisclosed eight-figure sum, [...]
London is running out of development land for sport teams to build stadiums on Sport Business One of London’s greatest assets is its varied and wide-ranging sports scene; six Premier League football clubs, many further down the pyramid; iconic rugby, tennis and cricket grounds; indoor arenas as far as the eye can see. But with success comes a desire to expand and grow. Chelsea are actively assessing options for a new [...]
Apple unveils new 600 capacity music venue in London – see pictures September 22, 2026 Apple is launching a new music venue in London with space for 600. The venue near Battersea Power Station has not yet revealed an opening date, but promises to connect fans and artists through intimate shows. The venue will have views towards the river and the Battersea Power Station and will cater to seated and [...]
Exclusive: Battersea Power Station rules out building NBA Europe stadium September 17, 2026 Battersea Power Station chiefs have categorically ruled out suggestions that London’s NBA Europe team could build its home basketball arena on the site. The capital remains at the centre of a bidding war for an NBA franchise, with interested parties reported to include former Tottenham Hotspur chief Daniel Levy, current Spurs majority shareholders the Lewis [...]
Battersea Power Station enters final ‘playful’ phase of £5bn project September 14, 2026 Battersea Power Station has entered the final phase of its £5bn regeneration project after its Malaysian owners submitted plans for the site’s remaining 16 acres. The neighbourhood’s newest development will add as much as 3.2m sq ft of residential, commercial and leisure space to the area, more than 15 years on from the original plans [...]
Battersea Power Station misreporting claims scrutinised by accounting watchdog July 10, 2026 The City’s accounting watchdog is scrutinising claims of financial misreporting at Battersea Power Station after the former chief executive alleged he was dismissed from his role for blowing the whistle on inflated property valuations, City AM understands. The Financial Reporting Council (FRC) is reportedly looking at claims made by the former boss of the iconic [...]
Directors of collapsed Carillion banned by accounting watchdog May 12, 2026 A pair of Carillion finance directors in post shortly before its collapse have been fined and banned by the accounting industry watchdog, bringing the curtain down on eight years of regulatory probes into one of the most notorious corporate failures in British history. Richard Adam – who served as the now-extinct contracting company’s finance director [...]
Ex-Battersea Power Station boss takes owners to court over dismissal March 19, 2026 The former boss of Battersea Power Station has launched legal action against the owners of the iconic London landmark after being dismissed from his role in May. A £9bn project has transformed Battersea Power Station from a disused, decommissioned site to a 42-acre estate with 2,000 homes and 60 companies in under a decade. Don O’Sullivan, formerly [...]
Was Trump right about “horrible” and “lousy” Battersea? September 18, 2025 Donald Trump may well swing by the new US Embassy in Nine Elms during the state visit, so does he still hate it? President Trump, on his September U.K. visit, will possibly swing by the US Embassy, the imposing glass block located in Nine Elms, between Vauxhall and Battersea Power Station. What would be interesting [...]