David Callaghan
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Allsop raises £87m+ on commercial sale
Allsop’s second commercial sale of the year raised more than £87m, with a success rate of 84% from 156 lots.
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More than 460 bank branches to close this year
More than 460 bank branches are set to close this year as internet banking takes effect.
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High street hit by more financial woes
Store Twenty One is at risk of collapse after defaulting on its rent payments.
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Landlords milk housing benefit with ‘micro-flats’
Some landlords are splitting their properties into tiny flats to maximise the amount of housing benefit.
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Bank of England prepares for Co-op crisis
Advisers at Deutsche Bank have been appointed by the Bank of England to help prepare for the possible closure of the Co-op Bank.
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Co-op Bank insists bidders are lining up
The Co-op Bank said a number of potential buyers have expressed an interest in the high street lender.
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Mortgages fall as market cools
The number of new mortgages fell last month as the housing market shows signs of slowing down.
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Jones Bootmaker saved by rescue deal
Retailer Jones Bootmaker, which is one of the oldest names on the high street, has been saved from administration.
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Lenders offer one-year mortgages
Building societies are now offering one-year mortgages to people who are unable to sell their home.
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Foreign investors choose regions
Many foreign investors are putting their money into the UK’s regional property market instead of London, according to research by Savills.
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Developers make case for stamp duty changes
Major developers are putting together a case for a reduction in stamp duty.
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Next to report profits fall
Retailer Next is set to announce its first drop in profits since the financial crisis.