Chill Out

Four different industries, one common story

From high street pubs to law firms, the services sector is hurting as spending dries up - The Times examines those affected

Property firm to the stars goes bust

AAim, a £3bn property investment company backed by HBOS and chaired by Sir David Frost, has gone into administration

Uneasy shift from billboard to boardroom

In the stock market, things are not quite working out as hoped between the worlds of business and showbusiness

Barratt to dent debt with £109m asset sale

The housebuilder, saddled with £165bn debt, has sold assets from Wilson Bowden Developments that it bought last year

Shaftesbury says West End will ride out downturn

The landlord that specialises in tourist hotspots is still seeing rents rising and strong demand for retail and leisure units

Dawnay Day property fund cuts links with collapsed conglomerate

AIM-listed Dawnay Day Treveria changes name and brings in new internal manager but decides against raising additional cash for now

Stobart to buy Southend airport

Andrew Tinkler, head of the Carlisle logistics group, wants to create a niche air-freight airport at London Gateway

Construction shrinks at fastest pace in 11 years

Pressure mounts on Bank of England to cut rates this week after plunging demand for homes devastates construction sector

Nakheel cuts jobs as crunch sets in

Government-owned developer of country's manmade palm islands, has cut 15% of its workforce, as it scales back projects

The party’s over in Dubai

Local banks are in trouble and property prices have crashed. Is the bubble about to burst? Report by John Arlidge

House sales up but price trend still down

House prices have fallen by 1.5 per cent, wiping about £2,500 off the value of an average home, official figures show

Retailers given relief from 'medieval' rent regime

Some of the property industry's biggest landlords have said they will allow some to pay rent monthly rather than quarterly

Metrovacesa asks HSBC to buy back London HQ

Rocked by the financial downturn, Spanish property company makes offer to bank to take back its Canary Wharf tower block

Spanish developer falls with €2.3bn debt

Promociones Habitat is the second property firm to file for administration amid the collapse of the construction sector

Helical Bar sees opportunity in property slump

'Mouthwatering' prices are tempting for property veteran, but he has decided to remain patient before buying any assets