Troubled office rental company to lay off 13% of its workforce to try to staunch massive losses – and few believe the cuts will stop there
Sentiment ‘crumbling’ as shop owners grapple with rising costs and Brexit uncertainty
Company increased customer service spending by about 40% after criticism over quality
Britain is facing the highest risk of a recession since the financial crisis and needs urgent plans to combat the next downturn, according to an alarming assessment of the nation’s economic health.
CBI warns uncertainty is crippling UK economy with country at risk of lagging behind G7 competitors
A bid by Persimmon’s new boss to improve the controversial housebuilder’s battered reputation following a string of scandals has dented sales, it emerged on Thursday.
Publisher Richard Desmond’s media empire Northern and Shell has taken an £18.7 million hit from the collapse of Emoov, its latest company accounts reveal.
Ikea could be building homes in the UK after a council in the south of England agreed to work with a developer owned by the flat-pack retailer.
The boss of one of London’s largest housebuilders on Wednesday called on the UK’s next Prime Minister to radically shake up Britain’s “dire” planning system to help boost building in a turbulent market.
Canary Wharf Group is in talks to buy most of London property rival Capco’s troubled Earl’s Court site, it emerged on Tuesday.
John Lewis is planning to expand its offering from furnishing homes to extending and renovating them.
The employee-owned business said it wanted to be involved in every area of home improvement from design to construction.
Purplebricks’ founder Michael Bruce has exited the company as part of a £43.7m share deal with investor Axel Springer.
Bruce stood down as chief executive last month after a period of difficult trading and has now ended his involvement after seven years.
Claim is made by leading recruiter for industry which says smaller independent estate agents will be hit hardest.
The non-corporate property sector experienced the fastest decline in high street locations last year.
Construction firm Bovis offered to pay £950m to buy rival Galliford Try's home building business but was rejected, it has emerged.
Departure of online estate agent’s chief executive seems to signal reality biting after share price fall
Profits may have slipped at London property giant Grosvenor Group, but the firm still upped its dividend to £43.9 million, boosting the fortune of the 28-year-old billionaire Duke of Westminster.
Taylor Wimpey boss Pete Redfern’s week got worse on Thursday as he admitted Brexit stockpiling would hit margins just days after pulling out of a controversial deal to buy one of the housebuilder’s own flats at a discount.
The UK's largest estate agent group, Countrywide, has reported widening losses and says the uncertainty surrounding Brexit is hitting business.
Flagship policy of former government drives up firms’ profits along with house prices
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