Channel Islands
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Slovakia halts Tesco takeover bid
Tesco has been banned from taking over Carrefour stores in Slovakia amid competition concerns. The Slovak anti-monopoly office yesterday said the deal would change the market structure.
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Inquiry into councillor who profited from property deals
A councillor in Cornwall is under investigation over a property deal in which she made a 2,333% profit in less than 18 months.
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Co-op merger may be coming too late
The Financial Times focuses on the year ahead for the Co-operative Group as it tries to climb back towards the prominence it enjoyed in the days when Tesco was just…
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Bumper season for upmarket retailers
Selfridges recorded double-digit sales growth in the run-up to Christmas, joining a roster of upmarket department store winners and adding to the pressure on Debenhams to follow suit.
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Global house prices continue to rise
International house prices have defied rising interest rates this year, growing at more than 10% in some European countries, and many analysts expect residential property to remain resilient in 2007.
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LandSec appoints Myners to top role
Paul Myners, former chairman of Marks & Spencer, is to become non-executive chairman of Land Securities on Monday. He succeeds Peter Birch, who will step down as chairman and from…
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Little Chef’s future set to be resolved
Little Chef is preparing to bring in administrators next week if emergency refinancing talks fail. Little Chef, bought out from private equity group Permira for £52m by two entrepreneurs last…
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Decision due on plans for Alexandra Palace
The Independent focuses on Haringey council’s deliberations this month on whether it will lease the Alexandra Palace in London to property tycoon Firoz Kassam.
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Property figures acknowledged in honours list
David Murray, the property tycoon and Rangers FC owner, is one of a number of leading UK property figures to be recognised in the New Year’s honours list.
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First-time buyers face £150,000 average price
First-time buyers have to pay an average of £150,000 to plant a foot on the property ladder, according to a Halifax report.
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FTSE ends year with gain of 10.7%
The FTSE 100 shrugged off this summer’s sharp sell-off to close yesterday up 10.7% on the year – its fourth consecutive year of double-digit growth.
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Court rules polytunnels must have consent
Polytunnels erected by farmers need planning permission, the High Court ruled yesterday in a landmark decision. Rural conservation groups said they were delighted, but growers warned it could put at…