Channel Islands
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Sixties designer Cook chosen to design Olympic stadium
Peter Cook, the radical architect whose designs have only been realised five times in his 46-year-old career, has been announced as the head of design for London’s Olympic stadium.
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Dollar sinks as US data raises fears of hard landing
The dollar fell further on currency markets yesterday as weak US economic data heightened investor fears that the country’s economy could be heading for a hard landing.
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H&M plans new upmarket fashion chain
Hennes & Mauritz (H&M), the Swedish retailer, is planning to open the first of a new, more upmarket fashion chain on London’s Regent Street in the spring.
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Japan unveils plans for world’s tallest towers
Japanese planners revealed the design of a 610m broadcast tower that will become the world’s tallest structure on completion in 2011.
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Britain building Europe’s smallest houses
British families are being squeezed into ever smaller living space according to research published ahead of new government guidelines calling for the building of more family homes.
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Fixed-rate mortgages falling out of favour
Fixed rate mortgages, which have accounted for the lion’s share of new loans since the beginning of 2005, look set to fall in popularity as borrowers switch to cheaper variable…
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Court victory for grandmother halts Prescott’s scheme
A disabled grandmother won a high court victory yesterday stopping the demolition of her home and 500 others in Liverpool in a project approved by John Prescott.
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DevSec and Grainger in Birmingham deal
Development Securities and Grainger Trust have bought the 10-acre Curzon Park site in Birmingham from Eastside Partnership for £33.5m in an equal joint venture.
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Dispute over All Blacks’ new stadium
Auckland and regional authorities have clashed over whether to build a new waterfront stadium for the 2011 rugby world cup or to revamp Eden Park, the All Blacks’ traditional home.
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Henderson plans $350m IPO
Henderson Land Development plans to raise $350m from a revived initial public offering of its Sunlight Real Estate Investment Trust. The IPO was 30% lower than its original target of…
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Tesco admits to Indian expansion setback
Tesco said yesterday that its plan to be the first multinational supermarket retailer in India has unravelled. The world’s fifth-biggest supermarket chain said it had ended talks with Bharti Enterprises…
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’Honest’ estate agent pleases customers
Julian Bending, who runs Ralph Bending Estate Agents, in Glastonbury, Somerset, is finding great success with a surprising candor when he advertises houses.