Recently in Business Category

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In a revolt against the high prices and domination of the market by online portals Zoopla and Rightmove, estate agents are backing a new listings company set to launch this month.

Onthemarket.com, going live on January 26, has been created by Agent's Mutual as the first 100% agent-owned and agent-controlled property site open only to full-service, office-based estate and lettings agents.

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A bed in one of 130 rooms is the most basic option at budget brand Tune Hotels, opening its doors on West India Quay next month.

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Blue Islands has started a lunchtime service from Jersey to London City Airport.

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DHL Express introduced a helicopter service moving parcels between Heathrow Airport and Canary Wharf today

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Five Canary Wharf-based banks pay the highest business rates in London.

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The administrators of Alpari UK, sponsor of West Ham United, say there is potential interest in buying the group.

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Canary Wharf Group has dedicated more floor space to its growing fintech sector.

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Canary Wharf Group owner Songbird is expected to reject an offer of £2.6billion by the Qatar Investment Authority and Brookfield, insisting the bid undervalues the company.

The partnership already owns 26% of Songbird and needs 50% to push through the deal, however major shareholders are sticking with the current management.

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Growth in business travel has seen an 8% increase in passengers at London City Airport.

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COMMENT

by Dr Solomon Habtemariam

The news page of every UK Higher Education Institution website appears to show that they are all winners of the Research Excellence Framework 2014, which assesses quality of research at universities.

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Chinese firm Alibaba has arrived in Canary Wharf in a further sign of the estate's rapidly growing fintech credentials.

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Canary Wharf Group chief executive Sir George Iacobescu joined around 200 others at Island Gardens when he switch on the Christmas tree lights.

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Olympicopolis - the major new scientific, cultural and education hub at the Queen Elizabeth Olympic Park, has now revealed Government backing in the form of £141million.

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Six teams have made it to the final of a design competition to create a new culture and education quarter at Queen Elizabeth Olympic Park.

The teams include 125 architects from around the world who are all hoping to be chosen to design the £850m development that has been named Olympicopolis

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Boris Johnson has given the green light to the 3,610 home Wood Wharf scheme.