South East
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Concepts & Cuisine placed in administration
The Concepts & Cuisine restaurants group has gone into administration. The group runs the Shimla Pinks chain of Indian restaurants which had intended to develop a national chain.
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Intel data centre opens in Reading
Intel is due to open its $150m (£101m) data centre today in Reading, Berkshire. It is part of a $1bn global network of similar facilities the microprocessor is building.
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Council may challenge use of green belt land as airfield
The High Court has given the go-ahead for Thurrock Borough Council to challenge a DoE inspector’s decision to grant permission for the use of green belt land at King’s Farm,…
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RDAs combine to promote Thames Gateway
The DETR has announced a new body to boost regeneration of the Thames Gateway. A strategic partnership has been launched, bringing together the Government and regional and local bodies including…
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Asda and JS to follow Tesco into in-store picking
Asda and Sainsbury’s look likely to follow Tesco into in-store picking for home shopping despite the fact they are opening dedicated depots.
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Whitbread tipped for De Vere
Whitbread is reported to be about to pounce on De Vere Hotels with up to £400m earmarked for the acquisition. It would include the Grand in Brighton, east Sussex and…
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LandSec reverse takeover bid rumours
Land Securities could soon be on the end of a reverse takeover bid, according to speculation reported in The Times. Capital Shopping Centres, which owns Lakeside, is named as a…
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Tesco to axe up to 10 Metros
Tesco is to shut up to 10 Metros. The convenience stores have been performing poorly. The supermarket chain has already decided to close two of its 41 town centre shops…
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AB Ports speeds up property disposals
Associated British Ports is looking to speed up the sale of its £675m property portfolio so it can concentrate on its core ports business.
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Govt looks at short journey M-way charges to beat logjams
The government is looking at introducing motorway charges of up to £5 for people who use the routes for “unnecessary” short journeys of less than 10 miles.
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Urgent new airport capacity required
Extra airport capacity is needed urgently in the south of England because of a forecast 200% increase in passengers over the next 30 years.
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Glaxo SmithKline to focus on three sites
Glaxo Wellcome and SmithKline Beecham are set to consolidate their combined management, administrative and commercial facilities in three sites in south-east England, occupying a total of 171,958 sq m (1,851,000…