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This $8.6mn British Manor will have you living like a real lord

  Bloomberg A country house in West Sussex, an hour and a half by train from London, is about to hit the market for £6 million ($8.6 million). Designed by Edwin Lutyens, arguably the most famous father of Arts and Crafts architecture, the manor house known as Little Thakeham dates to 1902 and sits on a 3.2 rolling acres comprising ...

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Central London office construction starts hit record as rents climb

  Bloomberg Developers started a record number of central-London office projects in the six months through March as they tried to capitalize on rising rents. Construction work began on 51 office buildings during the period, Deloitte LLP said in a report on Wednesday. About 14 million square feet (1.3 million square meters) of space is now under construction, 28 percent ...

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Macy’s dim outlook sends retail, stocks tumbling

  Bloomberg A glum outlook from Macy’s Inc. renewed concerns about the broader retail industry, contributing to a stock rout for consumer companies such as Wal-Mart Stores Inc., Michael Kors Holdings Ltd., Ralph Lauren Corp. and Ross Stores Inc. Macy’s cut its profit forecast for this year and posted first-quarter revenue that missed analysts’ estimates — a sign that slow ...

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