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Mountcity is speculatively developing a 205,000 sq ft warehouse at Ashroyds Business Park at Junction 36 of the M1 Motorway.

Ravenbourne and Standard Life are hoping to cash in on the Olympics with the development of a third phase at Thames Gateway Park in Dagenham, Essex.

The great, great grandson of Schmitz Cargobull founder Melchior Schmitz has become managing director of the UK business at Harelaw near Sunderland.

The operation to salvage cargo from the MSC Napoli will begin tomorrow (27th January), but could take five months to complete, according to The Maritime & Coastguard Agency.