Ikea gets green light to build affordable homes in UK
(The Guardian Money News)

Worthing council gives go-ahead for 162 flats by retailer´s joint venture with construction firm SkanskaHomebuyers in a town where properties typically cost almost 12 times local salaries may soon have a low-cost option from Ikea after a UK council agreed to work with an affordable housing developer co-owned by the retailer.Worthing council has signed up with BoKlok, a company jointly owned by the Swedish retailer and construction firm Skanska which specialises in factory-built housing that can be constructed at a low cost. Continue reading...