Once a coal-fired power station which supplied a fifth of London’s electricity, the building is now home to hundreds of shops, bars, and restaurants. The £9 billion transformation, backed by a group of Malaysian investors who bought the site for £400 million in 2012, will also see 25,000 people living and working in and around the colossal building which once pumped energy to Buckingham Palace and the Houses of Parliament.
and a mall that would have been suspended between its chimneys. Now, the building’s old turbine halls have been converted into an upmarket retail space, hosting luxury brands including Rolex Group and Mulberry Group Plc.in Europe, which generated power for 48 years after its opening in 1935.
A new district of around 4,000 homes, which have drawn criticism for a lack of affordability, will also stand over the south bank of the River Thames. Councillors for the Labour Party will not attend the power station’s opening on Oct. 14 because of a lack of social housing, the BBC reported last week.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kane header sinks Brighton as Spurs hold on for 1-0 win - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Tottenham Hotspur handed Brighton & Hove Albion their first home loss of the Premier League season on Saturday after Harry Kane’s first-half header was enough for the London side to seal all three points in a 1-0 win. Investing in forex/CFDs is highly speculative and carries a high level of risk. It can also be highly profitable when you trade perfectly. Let top traders like Cynthia_Hanson3 do the job for you. I highly recommend her!. Get in touch with her today!
Source: SABCNews - 🏆 37. / 51 Read more »
Business Maverick: Truss prepares battle with cabinet and MPs to quash Tory rebellionBritish Prime Minister Liz Truss is preparing for battle with her Conservative Party as she gears up for crunch meetings with backbench MPs and her cabinet in a bid to quash any attempt at rebellion just one month into her UK premiership. We've got some serious problems in SA, but at least we don't have this awful woman
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Stocks slump as rate-hike outlook damps sentiment: markets wrapShares opened the week lower amid intensifying concern over the impact of tightening monetary policy after strong labour market data reinforced expectations for more aggressive interest rate hikes from the Federal Reserve. Why not let the business cycle run it's course. If the Government stopped borrowing more and printing more, then there would not be inflation.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: China chip stocks tumble as Biden expands technology curbsChinese semiconductor stocks slumped after fresh US curbs on China’s access to American technology added to a disappointing start to the earnings season, stoking concerns that the industry’s downturn is far from over.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Tesla’s week to forget was anchor weighing on S&P 500For all the stock market gyrations last week, one company’s performance stands out beyond all others: Tesla.
Source: dailymaverick - 🏆 3. / 84 Read more »