Bridget OConnell
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House of Fraser cuts stores and jobs as Poundworld seeks lifeline
Department store chain to close 31 stores and Poundworld fights to stave off administration.
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Unite gets green light for Leeds digs
The 928-bed scheme would increase Unite’s Leeds portfolio to 4,376 beds, serving a student population of 58,000.
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MORNING NEWS: Persimmon, parcels and staying flexible
Round-up of today’s top property stories with quick links to the nationals.
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Government faces high court challenge over ‘right to rent’ scheme
Campaigners win permission to fight landlords’ immigration checks on prospective tenants
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Poundworld faces collapse within days if sale talks fall through
Poundworld’s private equity owner TPG is in talks with an “interested party” over the sale of the business, as administrators wait in the wings.
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Staying flexible key for office empire
Workspace, the FTSE 250 residential real estate investment trust, yesterday held a share placing that raised about £180m – a move that worried some analysts.
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Amazon committed to post-Brexit Britain and plans 2,500 new jobs
UK is important as consumer market and talent source, says UK and Ireland chief.
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Persimmon remuneration chief can’t say what staff are paid
Chairwoman of the board pay committee was in front of MPs who were investigating rewards at the top after one of the biggest chief executive payouts in British corporate history…
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Huge blaze tackled at Mandarin Oriental Hotel in Knightsbridge
The hotel had completed a £185 million refurbishment last month.
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MORNING NEWS: Familiar faces, forums and fund management
Round-up of today’s top property stories with quick links to the nationals.
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Peppa Pig theme park to open in Shanghai
The standalone indoor attraction, opening this year, will be the first of five Peppa Pig attractions to be developed under a licensing agreement with Entertainment One.
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‘Reform land valuation’ call to unlock housing plots in the UK
There is growing pressure for change to help tackle the homes crisis.