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Planning approvals for new homes at record low, figures show
Posted onDaniel Wainwright and Harriet AgerholmData Journalists, BBC Verify Getty Images The figures strike a blow to the government’s promise to deliver 1.5 million homes by the next election. The number of planning approvals for new homes in England is unacceptable, the new housing secretary has said, after official data showed permission for building homes fell…
Geothermal energy: Investment needed to develop new tech
Posted onTo go faster and deeper will require advances in drilling technologies. Companies are developing drilling equipment that is more stable when breaking through hard rock at high temperatures. Some firms are even aiming to penetrate rock without using standard drills. Quaise, a company with roots at the Massachusetts Institute of Technology (MIT), is using a…
Walmart becomes first retailer to hit $1tn market value
Posted onWalmart is the biggest brick-and-mortar retailer in the US and is known for its low prices. It has benefited from a trend of higher earners trading down to lower-priced items, as the jobs market cools and inflation persists. Its speedy home delivery offering has also enticed shoppers from households across income brackets.
