Real Estate Opportunities, the owner of Battersea power station in London, has been paid £6.3m by UBS to settle a £76m High Court claim. The Times
REO claimed that the bank was partly to blame for losses on the company’s split-capital portfolio, which was set up by UBS in 2001.
Fashion retailer H M is to permanently close 170 stores worldwide.
Chancellor of the exchequer Rishi Sunak has said “the job has only just begun” as he unveiled a package of sweeping measures designed to stimulate the economy in today’s summer statement.
H1 2020 industrial and logistics take up has reached a record high of 22.4m sq ft, 66% above the long-term average.
Site powered by Webvision Cloud