{
  "id": 5249828,
  "title": "Paragon MD: Planning system is quashing UK developers’ ambition",
  "url": "https://urgent.news/2026/09/03/paragon-md-planning-system-is-quashing-uk-developers-ambition",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-03T04:30:00.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/paragon-md-planning-system-is-quashing-uk-developers-ambition/"
  },
  "original_language": "en",
  "account": "Neal Moy, the Managing Director at Paragon Development Finance, has been a fixture in the London financial scene for over four decades. Born in Maidstone, he began his career in retail banking before transitioning to development lending in the 1990s. Moy has worked with various institutions, including Barclays Bank, Westpac Banking Corporation, Lloyds TSB, BHF Bank, and Deutsche Postbank, before moving to RBS and then joining Paragon.\n\nMoy emphasizes the importance of hard work and avoiding price-based competition, advocating for a balanced approach to achieving success. He expresses optimism for the coming year, citing recent planning reforms and a growing demand for later living and care homes. Moy's proudest moment came when he led a complex refurbishment project at Grosvenor House Hotel, selling part of the building to an overseas developer.\n\nWhen asked about his ideal business lunch, Moy suggests Coq D'Argent or Galvin La Chapelle, while for drinks he prefers Wagtail rooftop bar or Sushi Samba. During the week, he resides in West Malling, Kent, and spends his weekends golfing and enjoying time with his family. Moy's journey in the City reflects his unwavering commitment to achieving his goals, despite the challenges posed by a complex planning system.",
  "summary": "We dig into the memory bank of the City's great and good. Today, Neal Moy, MD at Paragon Development Finance, takes us through his career.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}