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"It is six years since the vast supermall and flats scheme was announced, and it is three years since a Government-appointed inspector presided over an inquiry to approve the terms of a Compulsory Purchase Order of a vast swathe of property in Croydon town centre.
"... Few have actually had an opportunity to see the detail of what the developers, under their altered, second iteration of the scheme, intend to impose on the borough's commercial centre. Indeed, only last month it was reported that Peter Cole, Hammerson’s departing director, admitted that detailed designs haven't even yet been started.
"Just what surprises might they have in store? Or will Croydon be lumbered with the world's most expensive pig in a poke?"
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"Croydon council is readying itself for a ‘hard Crexit’ over a £1.4bn town centre redevelopment, according to industry watchers.
"... The council has even had to draw up contingency plans in case the whole deal collapses."
"... 'We're not stupid,' Croydon Council Leader Jo Negrini is supposed to have said, risking having council-watchers to provide a litany of examples to prove her claim wrong."
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"[Brent Cross] retailer Fenwick has cut 408 jobs at its department stores across England.
"... The restructuring is in response to a drop in profits, declining sales and a need to modernise.
"A spokeswoman for the company said all department stores were facing 'challenging market conditions' and increased online competition. Declining footfall and 'increasingly competitive price discounting' had been 'exacerbated by a rise in the cost of living', she said.
