LONDON-Philip Green's pounds 850 million ($1.3 billion) bid for retail group Arcadia was thrown into doubt within hours of being launched after the police raided the offices of his Icelandic partner.

LONDON-National retailer WH Smith plans to open 120 new stores in the UK to compensate for losses in America.

LONDON-One of the biggest iron and steelmaking plants in the country has been sold for a pounds 750 million redevelopment.

LONDON-Slough Estates said it expects the property market to be challenging in the short-term but the longterm outlook for the sector remains good.

LONDON-Slough Estates said it expects the property market to be challenging in the short-term but the longterm outlook for the sector remains good.

LONDON-Henderson Global Investors has sold an industrial portfolio for pounds 19.1 million ($29.3 million) at a 7.6% yield.

LONDON-Hammerson blames a 4.8% dip in profits on the fall in demand for offices in London.

LONDON-Hammerson blames a 4.8% dip in profits on the fall in demand for offices in London.