Taylor Wimpey and Countryside told to remove ‘unacceptable’ leasehold terms

Taylor Wimpey and Countryside told to remove ‘unacceptable’ leasehold terms

The competition watchdog has ordered the housebuilders Taylor Wimpey and Countryside Properties to remove terms in contracts that have made it impossible for some homeowners to get a mortgage or sell their properties. The Competition and Markets Authority has told the two firms to remove certain contract terms that mean leaseholders have to pay ground…

BT to invest £12bn in faster broadband and reaching remote areas

BT to invest £12bn in faster broadband and reaching remote areas

BT has committed to investing £12bn in getting faster broadband connections to 20m UK homes, including in remote rural areas, after the telecoms regulator Ofcom unveiled a host of financial incentives to help achieve the government’s goal of creating “gigabit” Britain. However, some rival operators warned that Ofcom’s broadband plan could mean price rises for…