Fancy that.

Did you know the Queen owns Piccadilly Circus? Well, it's a bit more complicated than that, but the Crown Estate, which manages the monarch's property, holds the freehold there, as it does for a fair chunk of central London. And apparently the Crown Estate has decided that the discount clothes store TK Maxx is not sufficiently upmarket to be allowed to open a branch in the Circus. The site involved has been empty for several years, prior to which it was a Virgin Megastore - which I would have thought was equally downmarket, but there you go.