Channel Islands

Planning professionals have backed Kate Barker’s call this week for more homes and workplaces to be built in the green belt.

Businesses and local councils could be forced to pay hundreds of millions of pounds more each year in taxes on rubbish from 2008, under proposals being considered by Gordon Brown.

Planning reforms to fast-track big infrastructure projects, announced by government this week, are unlikely to take effect before 2009, officials said yesterday.

Tessa Jowell raised the prospect of tax rises to fund the Olympics yesterday as a senior insider gave a warning that the final bill would be £12bn, more than four…

Gazprom has chosen a design by RMJM, the UK architects behind the Scottish Parliament project, for its new St Petersburg head office.

Grainger Trust is offering £71.6m cash to buy the offshore retirement home investment fund Capital Appreciation Trust. Grainger Retirement Housing, Grainger’s wholly owned subsidiary, was offering 145.86p per share to…

CIT Group, the investment company, is set to acquire 28 hotels for £400m. The properties, owned by Thistle, Morgan Stanley and Andy Ruhan, a Midlands entrepreneur, were part of a…

Britain’s first “IKEA village” of timber-framed Scandinavian houses will be built within a year, it was disclosed yesterday. In the first stage of a nationwide plan, the Swedish furniture giant…

Cardiff City Football Club is close to completing a “drastic” financial restructuring that will secure the Bluebirds’ long-term survival and underpin the club’s push to bring Premiership football to Wales.

David Wilson, chairman of Wilson Bowden, the takeover targeted housebuilder, will remain chairman for a year longer than expected. Under its rules of association, Wilson is required to retire at…

The Financial Times writes that, while this week’s £400m sale of Battersea Power Station may have made sense to its owner, Victor Hwang, the Taiwanese property developer who bought the…

Claire’s, the retailer of belts and bangles to teenage girls, has put itself up for sale with a price tag of at least £1.5bn ($3bn).