Day: February 7, 2021

ProPublica hires Deam to cover health care

Jenny Deam

ProPublica announced Friday that it has hired reporter Jenny Deam to cover health care in Washington, D.C.

She starts on March 1.

Deam comes to ProPublica from the Houston Chronicle, where she has worked since 2015. With an investigative focus on the business of health care, she wrote about health care fraud and the uneasy intersection of politics, providers and the insurance industry. Her reporting on systemic billing irregularities led to tough new patient protection laws.

Before the Chronicle, Deam was based in Denver as a special correspondent for the Los Angeles Times, covering Colorado and the region. Her work there included extensive coverage of the Aurora movie theater massacre and its aftermath, the early days of marijuana legalization and the rise of fracking. She has also reported for the Denver Post, St. Petersburg Times and Kansas City Star.

A two-time finalist for the Gerald Loeb Award, Deam

Read More

Being self-employed blamed for one in six mortgage rejections

Potential home-owners who have had their dreams of climbing a rung on the housing ladder dashed say it’s because they run their own business, are sole trader or they are a director of a limited company.

The research, which looks at the impact of mortgage rejections, comes after a record year for mortgage applications. The research found that being rejected for a mortgage can have a devastating impact; 31% claim they were left feeling depressed, while 29% state they were treated unfairly.

The research also showed that over a third of Brits feel they couldn’t get a good mortgage deal for themselves wouldn’t want to go through the stress of applying or are unlikely to apply at all for fear of being rejected.

Paul Coss, Co-founder of specialist mortgage broker platform Haysto, that commissioned the research commented: “Getting a mortgage when you’re self-employed can be difficult, as mortgage lenders

Read More

Coventry shopping centre sells for knockdown £4.9m

A shopping centre in Coventry that eight years ago was valued at £37 million was sold this week for only £4.9 million, setting alarm bells ringing among lenders, landlords and local authorities nationwide.

West Orchards’ importance as the city’s primary shopping destination cannot be underestimated — “It’s almost our Galeries Lafayette,” Trish Willetts, director of Coventry’s business improvement district, said, comparing it with the landmark Paris department store — but now interest in the centre is spreading far beyond the West Midlands and what, from May 1, will be the UK’s “City of Culture”.

Its biggest unit was let to Debenhams, the department stores chain that fell into administration last year. Boohoo, the online fast-fashion group that acquired Debenhams last month, is not keeping any of its stores. Other West Orchards tenants that have fallen into administration during the pandemic include Peacocks and Bonmarché, the women’s fashion chains.

The leasehold

Read More