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...Following the nationalisations of Northern Rock and Bradford & Bingley during the financial crisis, UK Asset Resolution (UKAR) a government-owned vehicle was formed in 2010 as a holding company for the banks...
...The company is acquiring 20 Grafton Street, a 17,000 square foot building comprising office and retail space, the people said, in one of the largest deals it has struck since Russia’s full-blown invasion...
...The firm previously had staff at 66 Shoe Lane but vacated the building in 2018. Its new lease on the building runs until September 2035, according to a person familiar with the details....
...The action, which accompanies orders against two other companies, marks the first move by the department Gove leads to use legal powers under the Building Safety Act....
...Its ill-fated 2009 takeover of Britannia Building Society during the financial crisis exposed it to a pile of bad loans and a £1.5bn capital shortfall....
...at Columbia Law School and author of ‘Digital Empires: The Global Battle to Regulate Technology’ The contest over technological supremacy in the age of artificial intelligence is intensifying as tech companies...
...Signa Holding is in negotiations to sell half of New York’s Chrysler Building to urgently raise cash, the collapsed European property company’s administrator has said, as he warned of a protracted and financially...
...The US is suing Apple for allegedly using its power in the smartphone sector to quash competition from rivals and limit consumer choice, in the latest broadside against the dominant Big Tech companies from...
...The rest of the work is by his hand, say the university specialists, who include Prof Hassan Ugail, director of Bradford’s Centre for Visual Computing....
...At least 10 councils, including Middlesbrough, Stoke-on-Trent, Somerset, Southampton and Bradford, have applied to the government for “exceptional financial support” to balance this year’s books....
...In December, Coventry Building Society entered talks to buy the Co-op bank....
...The deal, which will mark a two-thirds expansion of Citadel’s London office space, comes after Griffin has expressed concern about how hybrid or working-from-home practices can hurt a company’s culture....
...Meanwhile, Trump took 90 per cent and his former lawyer Bradford Cohen, who was also a contestant on The Apprentice, received 1.4 per cent....
...Sales of €5.3bn came in at the midpoint of company guidance....
...Gucci parent company Kering bought a high-end retail building in Milan from the private equity firm for €1.3bn on Thursday. It was the largest-ever single asset sale in Europe for Blackstone....
...DIC Corp, a lossmaking, heavily indebted chemicals company, owns the museum and an unstated proportion of this collection....
...They run into the billions, according to two people familiar with the company’s balance sheet....
...best office building in the world”....
...However the company had €2bn in free cash flow from operations last year, and the group views the purchase of key real estate assets as part of its long-term strategy....
...A trial is ongoing in a separate federal case over the Alphabet-owned company’s market power for internet search....
...On that basis, its $18.25bn acquisition of speciality building products supplier SRS Distribution, including debt, offers good news and bad....
...Insurers would continue to press the government for further investment in flood defences and changes to the planning system to discourage building in at-risk areas, she added....
...new designs were broadly in keeping with the form and building materials of the local area....
...As part of the deal, CWG agreed to fund an extensive refurbishment of the 547,000 sq ft building, completed in 2003, including upgrading the building’s energy efficiency....
...Seen in this light, the push to secure prime real estate is essentially a round of beggar thy neighbour for luxury companies....
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