Canary Wharf Group has made history by becoming the first major property company to commit to paying the London Living Wage. This means any worker taken on by the group, regardless of whether on a permanent or contractual basis, will receive a minimum... Read More
As property demand in London increases, developers claim the only solution is to build taller and taller. However, Transport for London (TfL) has come up with an alternative solution. Rather than looking towards the skies for new opportunities, TfL is... Read More
Work will start next month on a £43m advanced manufacturing facility in Sheffield that aims to become the “world’s most advanced factory” on its 2015 completion. Factory 2050 — to be built on a new Advanced Manufacturing Campus at Sheffield... Read More
Hard pressed London businesses and commercial property owners will be less than impressed to learn that over 50 foreign embassies owe local authorities in excess of half a million pounds in unpaid business rates. Overseas diplomats are officially... Read More
Marks & Spencer this week reached the halfway point in the recruitment process for its new £40 million store on Stoke-on-Trent’s Wolstanton Retail Park that has been in the pipeline since 2012. The retailer will create a total of 250 new... Read More
Last week, the news that Phones4u had been forced into administration created shockwaves and left thousands of employees fearing for their jobs. Fortunately, it has now emerged that a number of jobs will be saved thanks to telecommunications giant... Read More
Three separate planning applications for office towers in the City of London are expected shortly, Building Design reports this morning. The proposed commercial developments are all in the eastern cluster, close to the site of the stalled Pinnacle... Read More
Seven years after it was first unveiled planners have finally given the go-ahead to a £260m scheme to transform a historic railway works. The development is one of the North of England’s biggest ever regeneration projects. The 180-acre Horwich Loco... Read More
The transformation of a Yorkshire city’s “ugly duckling” business quarter is moving a step closer to completion with the overhaul of its biggest single office block. Work starts next week on the multi-million pound refurbishment of Leeds’... Read More
Loss rates for US banks are at the lowest levels in the past six years on commercial real estate and construction loans, which means they are looking to increase lending activity in the sector. According to data from financial information specialists... Read More
