Channel Islands

Travis Perkins has announced the sale of 35 freehold properties to an investment vehicle, in which the group retains a 15% stake, for £31m after costs.

Tragus, the owner of Café Rouge and Bella Italia, has been acquired by buy-out group Blackstone for £267m, or more than double the price it last changed hands for less…

Babcock International, the support services company, is considering a bid for the Devonport naval yard in Plymouth, a deal that would pave the way for a deeper restructuring of Britain’s…

In a piece about the flurry of towers being built in the City of London, The Guardian focuses on British Land’s Broadgate Tower development.

City bonuses and wealthy foreign buyers are pushing up London house prices at their fastest pace since 2002, driving the capital’s housing market away from the rest of the country.

A fifth of Britain’s post offices could be shut under government-backed plans to be outlined by ministers next week. Alistair Darling, trade and industry secretary, is preparing to sanction proposals…

The government’s green credentials are expected to come in for further criticism next week when Douglas Alexander, the transport secretary, reiterates support for a third runway at Heathrow Airport.

Berkeley Group, the housebuilder, is to return £242m this year to shareholders even after a 5.2% drop in interim profit to £81.5m.