Helen Ozolins
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Poundland shareholders approve Steinhoff buy
Poundland’s shareholders have voted in favour of Steinhoff’s £610m takeover of the company.
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Berkeley warns on property taxes
Property transaction taxes are too high and are having a negative effect on London’s housing market, Berkeley Group warned.
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Redrow profit up 23%
Housebuilder Redrow reported a 23% increase in pretax profit, to a record £250m, in the year ended 30 June.
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Best market for central London renters since 2008
Market conditions for renters in central London are the best they have been since 2008, Knight Frank’s head of London residential research says.
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Crossrail boosting house prices
Average house prices along the route of the Crossrail rail line are expected to outpace local house price growth by 3.3% a year until the 2018/19 opening, according to CBRE.
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London SDLT revenues up 11% in 2014-15
While revenue growth in prime London areas may be slowing, the capital still contributed around £3.03bn, or 43%, of the country’s residential stamp duty land tax in 2014-15.
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New Zealand, Turkey head global house price rankings
A survey of property prices worldwide shows house prices rose the most in Turkey, up 13.9%, and New Zealand, up 11.2%.
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Pret A Manger plans more Veggie Prets
Pret A Manger has decided to make its vegetarian pop-up shop in London’s Soho a permanent feature, and is planning to convert other shops.
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Low corporate governance rankings for Tesco, Berkeley
A report by the Institute of Directors ranks Berkeley Group and Tesco as among the worst for corporate governance.
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Economists revise UK growth forecasts
Economists at Credit Suisse and Morgan Stanley has revised their UK growth forecasts for this year and next, removing predictions of a recession for the country.