David Callaghan
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Thomas Cook chief ousted after boardroom clashes
Thomas Cook’s chief executive Harriet Green was removed because of her poor relationship with the company’s chairman Frank Meysman.
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Chaos hits Black Friday sales
Fights broke out at Asda and Tesco supermarkets in London, Manchester, Wales and Scotland on Black Friday yesterday as customers competed for bargains.
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Canary Wharf bidders may pull out
A joint bid for Canary Wharf owner Songbird Estates may be abandoned as the company reported a 19% increase in the value of its assets.
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Patisserie Valerie unveils expansion plans
Cafe chain Patisserie Valerie announced a further 20 new outlets this year after revealing a 37% increase in pre-tax profits.
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French Connection shares rocket despite autumn fall
Shares in retailer French Connection shot up 16 % despite reporting a 5.7% sales reduction in the UK and Europe in the 17 weeks to 22 November.
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New code for commercial property agents
A new code of practice for commercial property agents has been published in response to complaints about ‘double-dipping’ and ‘double-running’.
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Tomas Cook shares hit by chief’s exit
Shares in Thomas Cook dropped 18% after it was announced chief executive Harriet Green was to leave the company.
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Build-to-rent homes underway
Work has started on the first of 927 homes developed in a £100m build-to-rent initiative by investment fund Sigma Capital.
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Northern cities to get new housebuilding powers
Chancellor George Osborne is expected to give Leeds and Sheffield more control of spending on housebuilding and transport in next week’s autumn statement.
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Gleeson’s clients use Help to Buy
Nearly half of builder MJ Gleeson’s new affordable homes are purchased using the government’s Help to Buy scheme.
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Sturgeon targets land owners
New Scottish first minister Nicola Sturgeon has promised radical reform of land ownership.
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Bank told to raise interest rates
The Bank of England has been urged to raise interest rates next year by the OECD (Organisation for Economic Co-operation and Development).