Helen Ozolins
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First-time buyers boost markets in Scotland, Wales and Northern Ireland
First-time buyers are boosting the housing markets in Scotland, Wales and Northern Ireland, figures from UK Finance show.
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The Works plans to add 60 stores this year
Discount retailer The Works plans to open 60 new stores this year, slightly below the 63 stores that it added last year.
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HC-One agrees £300m acquisition of 122 Bupa care homes
HC-One has agreed the acquisition of 122 care homes from Bupa for £300m.
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Costain reports 30% rise profit rise
Costain reported a 30% rise in profit in the first half of the year, while revenue was 10% higher at £874m.
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Laura Ashley reports profit plunge
Laura Ashley reported a 72% plunge in pretax profit to £6.3m, in part due to a change in the accounting period which meant the latest 52-week period compared with a…
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Read this morning’s papers: Planning applications soar/Land value capture key for housing
Round-up of today’s top property stories with quick links to the nationals.
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Planning applications soar as homeowners stay put
Planning applications have risen by more than 25% over the last five years, as the high cost of moving house convinces those looking for extra space to stay put and…
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Land value capture key in solving housing crisis
Campaigners are calling for changes to legislation to allow local authorities and other public bodies to buy land more cheaply, in turn funding more housebuilding.
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Lidl overtakes Waitrose to become UK’s seventh largest supermarket
Lidl has overtaken Waitrose to become the UK’s seventh largest supermarket, the latest data from Kantar Worldpanel show.
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Dalian Wanda transfers ownership of Nine Elms site
China’s Dalian Wanda has transferred ownership of the Nine Elms Square site to two property companies listed in Hong Kong, R&F Properties and CC Land.
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Earnings rise 30% at Persimmon
Persimmon reported a 30% rise in pretax profit to £457m in the six months ended 30 June, and a 12% rise in revenue to £1.66bn.
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Trump’s Turnberry hotel gets £110,000 tax rebate
Donald Trump’s Turnberry hotel has received a £110,000 tax rebate under an emergency bailout plan designed to benefit small businesses following an up to 400% rise in property taxes in…