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Rate holds at 5% | 10 Jul 2008

The interest rate will remain at five per cent, the Bank of England has announced.Its monetary policy committee has decided against an increase amid swathing job cuts and fears of ......

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CIPD: Rate rise will bring job cuts | 10 Jul 2008

The Chartered Institute of Personnel Development has warned interest rate rises will lead to further job losses.Its mid-year assessment of the UK employment market suggested its earlier cautionary forecasts were ......

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Boris sacks carbon charge | 09 Jul 2008

Mayor of London, Boris Johnson, has dropped the proposed CO2 congestion charge.The scheme would have seen drivers of large cars billed £25 each time they drove into the capital.Mr Johnson ......

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Consortium takes Gateway water contract | 09 Jul 2008

A consortium of developers has been awarded the contract to build Thames Gateway's water plant, Building has reported.Interserve, Atkins Water and Spanish firm Acciona will build a desalination plant to ......

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Crown Estate announces revenue surplus | 09 Jul 2008

Crown Estate has announced a revenue surplus of £211.4 million for the year ending March 31st 2008.It reported turnover increased one per cent to £264 million and its capital value ......

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Squatters keep development 'on hold' | 08 Jul 2008

Squatters are blocking a commercial property redevelopment in east London, hoping developer, Hammerson, will reconsider its plans for the plot, the Evening Standard has reported.Despite the developer's assurances to preserve ......

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Economic outlook is "grim" | 08 Jul 2008

The UK's economic outlook is "grim" according to a report by the British Chambers of Commerce.It revealed trends, which unchecked could lead the country into technical recession. Its second quarter ......

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NYT to launch international commercial property mag | 07 Jul 2008

The New York Times (NYT) and the International Herald Tribune (IHT) are set to launch a new international commercial property magazine.Called KEY, The New York Times Real Estate Magazine - ......

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Minerva rejects Limitless's offer | 07 Jul 2008

Minerva, property investment company, has rejected a takeover offer by Limitless, the property development arm of the Gulf state of Dubai, it has been reported.The pair met two weeks ago ......

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Builders 'losing sleep' over economy | 07 Jul 2008

Builders and property developers are among the top ten professions losing sleep over the state of the economy, according to a new study.Research by hotelier, Travelodge, has revealed workers in ......

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