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27.06.26 - 22:42
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UK minister working up plans for state-owned housing developer (The Guardian)
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Exclusive: Steve Reed is looking at government run scheme that could borrow at lower rates than private developersThe housing secretary has been working up plans for a state-owned housing developer, according to details leaked to the Guardian, as the government looks for ways to stimulate stubbornly low rates of housebuilding.Steve Reed has been looking at proposals to set up a new state-owned developer which could borrow at lower rates than private developers and housing associations, according to plans leaked to the Guardian. Continue reading......
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19.06.26 - 08:18
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Telegram questioned by Ofcom after arsonist who targeted Starmer-linked properties recruited on app (The Guardian)
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Exclusive: Telegram urged to clarify how it detects illegal incitement after attacks were coordinated using appTelegram is facing questions from Ofcom over how it detects and prevents illegal incitement after a Ukrainian man was found guilty of carrying out arson attacks on a car and property associated with Keir Starmer.A spokesperson for the regulator said it had contacted the messaging app “to seek further clarification” because the arsonist had been directed on Telegram by a handler linked to Russia. Continue reading......
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16.06.26 - 09:24
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Mamdani′s pied-à-terre tax isn′t far off Labour′s housing policy. Not that you′ll ever hear Starmer say it | Anna Minton (The Guardian)
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The UK has its own progressive policies such as the second home and 'mansion' taxes. So why isn't the PM shouting it from the rooftops?In April, to mark the day on which Americans are expected to file their taxes, the New York mayor, Zohran Mamdani, filmed himself on Billionaires' Row, an enclave of super-tall apartment buildings just south of Central Park. When he took office, he said, he would tax the rich, and now, outside the hedge fund billionaire Ken Griffin's $238m penthouse, he was ready to make good on his pledge. “Today, we're taxing the rich,” he said with a flamboyant smile, zooming his face into the camera. It was the opening to a short film unashamedly titled Happy Tax Day, New York.He went into battle armed with stats. According to Mark Levine, NYC's comptroller (a senior financial executive), the pied-à-terre tax on second homes will raise about $500m annually fromabout 11,200 properties.Anna Minton is reader in architecture at the University of East London. Her new book, Super...
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11.06.26 - 10:31
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UK House Prices Continue To Fall: RICS (AFX)
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LONDON (dpa-AFX) - UK house prices continued to decline and sales activity indicators remained negative as challenging macroeconomic conditions weighed on demand but some measures showed signs of ......
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05.06.26 - 09:42
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UK house prices fall for third successive month amid Iran war uncertainty (The Guardian)
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Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender HalifaxBusiness live – latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand.The average price of a typical UK home fell by 0.1% in May to £298,806 compared with April, the third consecutive monthly drop recorded by the lender Halifax. Analysts had been expecting a return to growth, with a consensus of a 0.1% rise forecast for May. The monthly drop followed falls of 0.1% in April and 0.5% in March. Continue reading......
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