Bridget OConnell
-
UK housebuilder shares creak, with Berkeley down 5%
‘A warning sign for the whole industry’.
-
CMA ‘likely’ to demand store disposals, Sainsbury’s boss tells MPs
MPs pour scorn on Sainsbury-Asda merger.
-
Conran forced to call in administrators at restaurant chain
Final three Prescott & Conran outlets hit by weak consumer demand and rising costs.
-
Housing sales down more than £1bn in 2017
It is first time since 2011 that the value of the housing market in England and Wales has fallen, according to the Office for National Statistics.
-
Berkeley warns of profits slump as stock of cheap land runs out
Luxury housebuilder reports annual profits of nearly £1bn but Brexit jitters remain.
-
BL signals “strong leasing activity” at Broadgate
Some 45% of the ERV across developer’s 1m sq ft of committed developments at Broadgate, EC2, is let or under offer.
-
MORNING NEWS: City investment, retail rents and valuations
Round-up of today’s top property stories with quick links to the nationals.
-
Labour abandons support for new Heathrow runway
The party will announce that the £14bn scheme fails to meet the four key tests it established as a condition for parliamentary support.
-
Owning a home cheaper than renting in every part of UK, study finds
Prospective first-time buyers could make a saving of £2,268 per year – if they can raise a £51,000 deposit.
-
Labour to set Bank of England productivity target under radical proposals
BoE and government would sign accord laying out how they would meet a new 3% annual productivity growth target.
-
McCarthy & Stone boss is pensioned off as profits fall
Spring buyers disappoint as retirement homes specialist announces CEO departure.
-
Fall in shop rents reflects UK high street distress
Even prime sites see decline as troubled retailers legal device to renegotiate terms.