Helen Ozolins
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Rented housing so important in change of focus
New housing minister Gavin Barwell has signalled a change in focus regarding housing, saying that while the government still had a role to play in helping those looking to buy…
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Working families cutting back on essentials to pay rent, mortgage
House prices and rents have risen to the point where they now account for 29% of the average household’s monthly income, according to research by Shelter and YouGov.
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NTS could sell properties to hotel developers
The National Trust for Scotland is open to selling properties to hotel developers providing their plans are sympathetic to the property’s importance.
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Skills shortage to worsen if Brexit banishes EU builders
A skills shortage will be exacerbated if builders from EU countries are not allowed to remain in the UK.
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Clydesdale Bank’s owner plans branch closures
CYBG, the owner of Clydesdale Bank, is planning to close branches as part of a cost-cutting programme that will save it £100m.
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JD Sports’ profit up sharply
JD Sports reported a 66% jump in earnings, a 20% rise in revenue and a 10% increase in like-for-like sales in the six months ended 30 July.
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Ikea opens more new format stores
Furniture retailer Ikea opened 19 pick-up point stores last year, and is looking to open smaller and more sustainable stores as it targets revenue of €50bn by 2020.
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Ex-BHS head gets LK Bennett job
Darren Topp, the former chief executive of BHS, has been named chief executive of LK Bennett.
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Columbia Threadneedle lifts property fund trading suspension
Columbia Threadneedle has lifted the suspension of trading on its property fund.
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Average rent on one-bedroom home rises to £1,010
The average £1,010 cost of renting a one-bedroom property accounts for two-thirds of a tenant’s disposable income, peer-to-peer lender Landbay said.
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Wales to replace stamp duty with new land tax
Wales will replace stamp duty with a land transaction tax from April 2018, under powers devolved to the Welsh Assembly.
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Holm of Grimbister for sale for £300,000
Holm of Grimbister, an island in the Orkneys with only three inhabitants, is being offered for sale for the first time in 20 years.