Ted Baker holds fire on new UK outlets Ted Baker has halted UK store openings. The 18-strong chain wants to focus instead on global brand…
Offers for Meridien could drop to £1.5bn-£1.75bn Marriotts and Nomuras offers for Meridien Hotels could drop from £2.2bn and £2bn respectively to…
Premier Hotels in receivership Premier Hotels has been put into receivership after a refinancing bid failed at the last minute. It …
Virgin halts Our Price store closures Virgin Our Price Holdings is halting store closures after it axed 30 in the last two years. The…
Good design a money-spinner The private sector is facing up to the realisation that good design is a money-spinner in the homes …
Raynsford threatens to legislate on commercial leases The government could legislate to outlaw the lease at the heart of the UKs commercial property…
Interest rate cut expected A quarter-point interest rate cut to 5.5% is expected today. The Bank of England is expected to make…
Plans to scrap stamp duty in poor areas delayed Plans to scrap stamp duty in disadvantaged areas will not be ready by the general election because…
Compass makes £1bn hotel sales Bass has bought 79 Posthouse hotels from Compass Group for £810m. A joint venture between Macdonald …
Arcadia clear-out unveiled today Arcadia is due to outline today its plans for the groups mix of store concepts. It is expected to…