Study the next business cycle (2010-2028) by decoding the signs that are being flagged up in the marketplace. The seeds of the next property mania are even now being sown, as a report in The Sunday Times reveals. It reports the financial dealings of the Berkeley Group, led by the shrewd Tony Pidgley. The “house builder”, with a market value of £766m, is allocating 7% of its shares to Pidgley and his colleagues. Pidgley will pocket £31m. What’s behind the financial package?

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