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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-Hotel and pub chain Whitbread is planning a rapid expansion of its value hotel brands over the next few years.
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-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-Rupert Murdoch is planning to move his newspapers from Wapping in London Docklands.