Competition concerns in Shropshire and Cheshire over housing developer buyout
Source: BBC
The UK's competition watchdog has raised concerns about the amount of land two housing developers hold in north Shropshire and Cheshire.It follows Barratt Homes' proposed £2.5bn buyout of rival Redrow.The Competition and Markets Authority (CMA) said the deal could lead to higher prices and lower quality homes for homebuyers in the counties where both firms have big developments.It has given the companies the…
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