HMRC to name and shame estate agents as fines top £1.6m for AML breaches

More than 250 estate agencies have been fined a total of over £1.6m for breaching anti-money laundering requirements, HM Revenue and Customs (HMRC) has announced. The fines range from £1,500 to over £50,000. Over the coming weeks HMRC will publish a follow up list outlining where estate agents have received financial penalties for breaches of the legislation. These will include an absence of...

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AstraZeneca to invest $300M in US cell therapy plant

Dive Brief: AstraZeneca, looking to build its presence in cell therapy, plans to invest $300 million in a new manufacturing facility in Rockville, Maryland, that will focus on cancer treatments. The facility will manufacture cell therapies for the company’s clinical trials as well as future commercial supply, the U.K. drugmaker said Tuesday....

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Well-established franchisee acquires independent estate agency’s portfolio

Kevin Hall Martin & Co franchisee Kevin Hall has acquired the portfolio of Andrew & Co, boosting his position as a major letting agent in the Kent town. Hall, who has run the Ashford branch of the national sales and lettings agency since 2010, says he has Storm Ciarán to thank for a third independent purchase. Had Storm Ciarán not curtailed a flight to Portugal for a golf trip in November...

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Government unveils major shake-up to planning rules to boost housebuilding

Michael Gove (centre) visits a building site Building homes on brownfield land will be turbocharged under a major shake-up to planning rules to boost housebuilding while protecting the Green Belt. As part of its long-term plan for housing, the government has announced today that every council in England will be told that they will need to prioritise brownfield developments and instructed to be less...

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