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...Many owners face succession challenges or want to raise new capital to finance improvements to their stadiums and surrounding real estate....
...This story has been amended to correct the name of the Singapore home affairs minister K Shanmugam...
...According to the Green Finance Institute, the UK now has 60 “green” mortgage products....
...“Each local authority or council has got the option of whether they want new homes or not,” he said. “I don’t see any improvement until there is a change of government . . ....
...But that pales beside the millions being sold annually by global rivals in their respective home markets....
...The improvements will “give us the flexibility and creativity that we want to move our business forward”, adds Maclean....
...Even the inventory of new homes dipped a bit in 2023, as high mortgage rates put a damper on Americans’ desire to finance anything....
...After all, no carmaker has yet managed to achieve mass production and Nissan’s solid-state factory remains home to hopes rather than actual machinery. david.keohane@ft.com...
...“There is no sign that the PBoC will change its course anytime soon,” said Chen Long, co-founder of Plenum, a Beijing-based research company....
...Giorgetti predicted that the cost of tax credits and other home improvement incentives would reach €219bn, more than 10 per cent of gross domestic product....
...The problem, however, is that Drews remains an anomaly, not just in finance or in the often rigidly hierarchical world of Japanese business but at her own firm....
...Co-operative Bank said it was “disappointed” to see the results of the survey but had made “positive changes” since 2020 including enabling “certain documents” to be uploaded online, with further improvements...
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...Persimmon also noted the “strong improvement” at the end of the year, reporting that each of its sites on average sold 0.41 home a week in the fourth quarter, excluding investor sales, compared with 0.28...
...“Whilst we accept the recommendations made by the inspectorate in their report, these are improvements that were already in motion prior to the receipt of the report,” the Home Office said....
...Starting in the late 1960s, government funding in the form of “home improvement grants” also helped with bringing toilets indoors, installing hot water and, in more extreme cases of disrepair, refitting...
...“We have always maintained a very deep and close co-operative relationship with European, American and Japanese manufacturers in the industrial chain,” Zhu said....
...Global investors had hoped for a rebound in Chinese steel demand following the Lunar New Year holidays last month as consumer spending showed signs of improvement. That has not materialised....
...Despite these hopeful portents, the group indicated that it would build fewer homes this year, indicating lingering market uncertainty....
...There are signs that the company is taking steps to shore up its finances. In February it sold stakes in a plaza in Shanghai for $451.2mn....
...Property developers in China typically sell homes before they are completed....
...Co-founders Simon Showman and Barry Franks and chief executive Andrew Gossage hold 41 per cent of the shares....
...“The abolition . . . will result in fewer new homes being built and a drop in both domestic and overseas investment into UK housing delivery,” the BPF said in the letter to Hunt, which was co-signed by several...
...Hunt’s reforms are an improvement in this regard. New arrivals will be exempt for four years from paying UK tax on foreign income and gains — including those remitted to the UK....
...There were a few signs of home improvements at Kingfisher, the DIY chain that owns the B&Q and Screwfix businesses in the UK, although its performance overseas dragged down its results....
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