Cambridge City Council has resolved to grant planning consent for Devonshire Gardens, a new sustainable neighbourhood in the heart of Cambridge to be delivered by mixed-use developer Socius and Railpen, the investment manager for the £37 billion railways pension schemes.

Railpen, the investment manager for the £35bn Railways Pension Scheme, has announced the signing of a major new occupier, with Frasers Group, set to open Sports Direct, the British sports clothing retailer, at St Anns Shopping Centre in Harrow.