Karen Day
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Cost of care-home room up 5.2%
The cost of a room in a care home has risen by 5.2% over the last year to an average of more than £30,000 a year.
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Halifax raises some mortgage rates
Halifax has raised the interest rate on its two-year tracker for borrowers with limited deposits by 0.45 percentage point.
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Farm subsidy reform could affect large landowners
Proposals to reform farming subsidies following the UK’s exit from the European Union could see a reduction in the amount going to large landowners.
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Wandsworth removes permitted development rights on 120 pubs
The London borough of Wandsworth has removed permitted development rights on 120 local pubs.
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Morrison sells FreshDirect stake for £45m
Morrison has sold its holding in US online retailer FreshDirect for £45m.
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Banks could start job move process soon after Brexit triggered
Some investment banks are planning to start the process of moving staff abroad within a matter of weeks of the government triggering Article 50.
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Fund managers plan to cut holdings of UK-listed shares
More than half of the fund managers questioned by Bank of America Merrill Lynch plan to reduce exposure to shares listed in London.
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Sales of new homes in London drop 43%
New home sales plunged by 43% in the first six months of the year, figures compiled by London Central Portfolio from Land Registry data show.
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Bovis Homes reports profit rise
Bovis Homes reported a 15% rise in pretax profit in the first half of the year, to £61.7m.
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BHS store closures delayed
The closure of the 57 BHS stores that are still operating has been delayed until 28 August.
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William Hill rejects new bid
William Hill has rejected a new takeover offer by 888 Holdings and Rank Group.
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ONS data to show impact of Brexit vote
Office for National Statistics data due this week will provide the first solid information on how the economy has fared following June’s Brexit vote.