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Paul Carvell, has become chief executive of Business Direct. Carvell has been the non-executive chairman since June 2006. He is replacing Tim Houstoun, who will remain on the board as an executive director.

Charlie Jacoby heads west down the M4 but he reckons that the fabulous rents around the airport make Heathrow a contender for top warehouse location.

Available industrial floorspace rose by 4.3 per cent between December 2005 and June 2006, according to King Sturge ‘s latest UK Industrial & Distribution Floorspace report.

Babcock & Brown Infrastructure, which owns PD Ports, has bought 51 per cent of Water Container Transport (WCT), the second largest inland (canal based) container port in Europe by volume.