Karen Day
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Ministers launch homebuilding loan scheme
A multi-billion loan guarantee scheme, first announced more than two years ago, is up and running.
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Senior bankers at Goldman best paid in U.K.
Goldman Sachs paid 121 senior U.K. banking staff an average of £3 million in 2013, making them the best paid among their peers in the country, according to an analysis…
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Supermarkets likely to write down property values
The U.K.’s supermarkets are likely to write down the value of their property assets by billions of pounds as a result of the fall in sales at the major retailers,…
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Survey finds new U.K. government likely to increase borrowing, taxes
The U.K. economy is likely to continue its “decent” recovery in 2015, although uncertainty relating to the upcoming election could act as a drag, according to the Financial Times’ annual…
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U.S. pending home sales up 0.8%
Purchase contracts on previously owned homes rose 0.8% in November in the U.S., a turnaround from the previous month’s 1.2% fall, data from the National Association of Realtors show.
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China’s Kaisa Group fails to repay loan
Chinese property developer Kaisa Group Holdings has failed to repay a HK$400 million loan that became due on December 31 as a result of its chairman, Kwok Ying Shing, resigning.
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Singapore home prices continue to fall
Home prices in Singapore fell 1% in the three months ended December 31, extending a stretch of declines to a fifth consecutive quarter.
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Art Deco Grade II listed home for sale
A Grade II listed building designed by New Zealand architect Amyas Connell for the Ashmole family and completed in 1931 has been put up for sale at an asking price…
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Number of women in construction rises, but only slowly
Women are being targeted by the traditionally male-dominated construction and property sectors, as the industry looks to address skills shortages amid a boom in homebuilding.
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Bidders line up for LA Fitness
Potential purchasers of the LA Fitness chain have been sounded out over the last few weeks about their interest in the company.
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Sales at Next rise
Fashion retailer Next reported a 0.5% increase in sales at its shops in the 58 days from October 28 to December 24.
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U.K. house-price growth at 13-month low
U.K. house prices rose 7.2% on the year in December, slowing from a rise of 8.5% in November and the lowest rate of growth since November 2013