Bridget O’Connell

UK sales disappoint and stocks fall despite Axel Springer buy-in.

Sportswear retailer enters US market with £400m deal for Macy’s partner.

House prices have risen by a fifth more than they would have done without overseas investment over the past 15 years, the study found.

Department store taps vulture funds for £40m cash.

Persimmon wrote to shareholders last week saying it accepted the storm over the 2012 long-term incentive plan (Ltip) had “overshadowed” a period of good performance.

Canadian investment house Brookfield is said to be vying with several other bidders for the chain, founded in 1982 by the former Davis Cup tennis player.

The Housebuilders Federation says its members are well on the way to provide the million homes the Government has challenged the industry to build between 2015 and 2020 but complains…

Administrators AlixPartners have appointed property firms JLL and Savills to sell the hotels, which have a combined 1,444 rooms and are located in Cobham, Croydon, Leeds, and several other UK…

Government figures show that 163,250 homes were completed in the year to December, compared with 140,850 the year before.

Retail sales volumes rose 0.8% in February compared with January, according to the Office for National Statistics.