Bridget OConnell
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New generation of garden cities will lead to ‘random residential sprawl’ on greenfield sites
Campaigners warn against government plans for “garden communities” programme.
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Auditor savaged by watchdog for failures on BHS
Regulator criticises accountant for signing off ‘unrealistic’ forecasts before sale of retailer.
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The hipster revolution heads for old cotton mills
A pool of ready talent and cheaper rents make Manchester second only to London as a tech hub.
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House price growth slows to five-year low
Average price rise across UK falls to 3% as London prices and rents nosedive.
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RBS bankers knowingly sold ‘total garbage’ toxic mortgages, internal emails show
Transcripts of pre-financial crisis conversations show senior bankers’ disregard for customers.
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MORNING NEWS: Retail revolutions and high-tech powerhouses
Round-up of today’s top property stories with quick links to the nationals.
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Mike Ashley eyes luxury end of the market for House of Fraser revolution
Ashley vows to keep 80% of House of Fraser shops open and stocking its shelves with luxury goods.
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High-tech powerhouse is running out of room
Cambridge’s future growth is threatened by failure to develop housing and transport.
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Buy-to-let landlords abandon market after tax changes
A 19.4% drop in buy-to-let loans in June continues a steady decline over the past eight months.
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Homebase cuts 1,500 jobs and shuts 42 stores to keep trading
The DIY chain was bought by Australia’s Wesfarmers in 2016 but has since been sold for £1 to restructuring specialist Hilco.
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Capital & Regional counts cost of rent reductions
Shopping centre owner warns of rental income hit following wave of administrations and rent reductions.
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May promises ‘new generation of council homes’
Scepticism over lack of funding for proposed reforms, including changes to Right to Buy.