News International, the publisher of the Times, has delayed the relocation of its headquarters from the Wapping site in London.

The media company was due to make a decision from a shortlist of options, including two sites in the City, but is now expected to to take additional space on a short-term basis at a nearby building owned by Land Securities.

That company, which had been one of the parties interested in buying the whole site, could also agree to redevelop the existing headquarters if other options eventually prove unattractive,

Financial Times, Daily Telegraph