Bridget OConnell
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MORNING NEWS: Towers, sell-offs and exits
Round-up of today’s top property stories with quick links to the nationals.
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Westminster buyers are winners in the council tax league
Bills for homeowners are the lowest in the country.
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Shopping complex evacuated as Army called in to deal with suspicious package
Police evacuated hundreds of people from The Oracle in Reading and ordered those in nearby buildings to stay indoors and away from the windows.
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New Look’s ‘green shoots’ wilt after heavy losses
New Look, which had a CVA approved by creditors in March, revealed figures that were sharply down on a full-year profit of £16.6m in 2017.
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Crest Nicholson will move out of London to cheaper suburbs
Housebuilder to close London office and build more ‘flat pack’ houses as costs bite.
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Record fine for auditor PWC for failings over BHS
Watchdog also extends 15-year ban to PWC partner after collapse of department store chain.
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MORNING NEWS: Lessons, documentaries and investigations
Round-up of today’s top property stories with quick links to the nationals.
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Malaysia to investigate Battersea Power Station property deal
Governing party leader says billions of dollars of ‘dubious’ investments to be looked into.
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Lendlease and Starwood Capital see a jewel in plans to revive Silvertown
Property companies announced that they are jointly acquiring the Silvertown Partnership, which holds the development rights to a 50-acre brownfield site.
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Numbers bring talk of recovery to crunching halt
After dismal figures, June will have to be stellar to vindicate the Bank of England.
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Chester University ordered to demolish £120m science park
The 66-acre Thornton Science Park site, which has been home to Chester’s engineering and science faculty since 2014, has been deemed “too hazardous for student” by the local authority.
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Poundworld falls into administration, putting 5,000 jobs at risk
Talks to rescue retailer fail in latest blow for Britain’s struggling high street.