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U Turn Hammers McCarthy and Stone – Money Minute #85


If you’ve been a business owner from March 2020, I’m sure you’ll agree with me that one of the most frustrating aspects of the government’s response to the COVID-19 pandemic, has been the ever-changing guidelines on when you can open and what you can and can’t sell as a result of the latest restrictions.

In our latest segment of “Money Minute,” we look at the recent decision by Robert Jenrick to overturn a decision that retirement home builders would be exempt from a ban on
charging ground rent to new leaseholders.

The government say they’re keen to stop “rip off charges” by retirement home builders. I wonder if housing secretary will be in office long enough to see the recent acquisition of McCarthy & Stone for £647 million pounds go through?

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