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Candy loses appeal on affordable housing payment

Christian Candy has lost an appeal to reduce an affordable housing payment on a residential development near Tower Bridge, in London.

Sugar Quay Holdings plans to build 165 luxury homes on the site, formerly the offices of Tate & Lyle.

The City of London council imposed a £15m affordable housing payment, which Sugar Quay sought to reduce to £11.2m. However, the appeal was dismissed by the planning inspector.

The Independent,p. 56

 

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