Karen Day
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Countrywide to close 59 branches
Countrywide has announced plans to close 59 branches, or around 7% of its agencies.
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Cleethorpes pier for sale
Cleethorpes pier is up for sale, not long after undergoing a two-year restoration that cost £4.7m.
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SPF calls for reduction in property tax
The Scottish Property Federation is calling for the recently introduced land and buildings transaction tax to be lowered.
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Sainsbury’s to add Argos, Habitat stores
Sainsbury’s plans to open mini Habitat stores in its supermarkets and add to the number of Argos stores following completion of its acquisition of Home Retail Group.
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Food prices down 1.1%
Food prices fell by a record 1.1% on the year in August, according to the British Retail Consortium-Nielsen shop price index.
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L&G boss calls on government to drop three Hs
The government should drop the Heathrow expansion, Hinkley Point and HS2 projects, according to Legal & General chief executive Nigel Wilson.
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Vonovia to acquire Conwert
Germany’s Vonovia is to acquire Austrian landlord Conwert in a deal worth €2.9bn including debt.
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Fast-track apprenticeships could benefit homebuilding
The government should use an apprenticeship scheme developed by Able Skills to provide partly trained workers for the building industry, Frank Field is urging.
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Property auction volumes fall
The property auctions market is seeing a slowdown in sales, with data from EIG revealing a 13.3% on-year drop in the number of lots sold in July.
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Homes near top state schools cost 17% more
Homes near top state schools can command an average premium of £53,426, according to a study of Land Registry data by Lloyds Bank.
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Yotel’s Greene plans private rental site
Yotel’s Gerard Greene is aiming to modernise the rental experience, launching Society, a private rental website.
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M&S poised to announce job cuts
Marks & Spencer is poised to announce some 500 job cuts at its London head office in the next few days.