LONDON-Scottish golf resort Gleneagles is planning to invest pounds 300 million ($467 million) in the expansion of its facilities.

LONDON-The UK market in health and fitness clubs is facing a massive shakeup with two different mergers totalling pounds 490 million ($769 million) in the offing.

LONDON- Billionaire U.K. investor Philip Green has dropped his bidding partner for the pounds 772 million ($1.2 billion) takeover of retail group Arcadia Group.

LONDON-Grantchester Holdings has announced that it is in talk with other parties interested in making a competing bid for the company.

LONDON-The European Commission has cleared a complex pounds two billion ($3.2 billion) joint venture between Morgan Stanley, Pirelli and Telecom Italia/Olivetti.

LONDON-DIY retailer Homebase is seeking leave to appeal to the House of Lords over a court ruling that restricts the ability of a tenant to sublet space they no longer want and where rents have fallen.

LONDON-Hilton Group has finally released details of its long-awaited pounds 335.7 million ($520 million) sale-and-leaseback on 10 of its UK hotels.

LONDON-The government has published a major consultation paper on new land registration rules intended to come into force in October 2003.