Blackrock, which is one of the FTSE 100 company’s biggest shareholders, with a 5.4% stake, said it had voted against the remuneration report at its annual general meeting on Wednesday.
Britain’s third-biggest housebuilder remains on track to meet its expectations for the full year, despite losing “a month of building work” due to the weather.
The year to the end of March recorded a 23% drop on the previous year and the lowest number since 2009-10, when 12,161 homes were registered in the capital.
The total number of mortgage approvals for house purchases fell to 37,567 last month, down from 38,035 in February and 10% lower than in the same month last year.
Chief executive James Daunt branded the sale process a “distraction”, but said the deal was a “very happy outcome” and Waterstones would push ahead with its growth plans.
Poundworld, like its rivals, has been hit hard by the weaker pound, rising costs and fickle consumer spending.
Round-up of today’s top property stories with quick links to the nationals.
Woman whose London flat has slumped in value is told she can pay back £10,000 of £95,000 loan.
Leading architect says space restrictions are keeping Millennials off the housing ladder.
Under the City’s Takeover Panel rules, Intu could have insisted that a meeting to vote on the merger go ahead, but instead it said that it had released Hammerson from…
Hedge funds have been calling for demerger of coffee chain from Premier Inn hotel business.
The 200-metre by 38-metre strip at the Nursery End of the site is available after Charles Rifkind, who bought it in 1999, admitted defeat in his attempts to persuade the…