Good morning.
More than a third(£) of hotel and restaurant businesses have said that they have little or no confidence in surviving(£) through the winter due to Covid restrictions.
Meanwhile, hospital bosses have warned of catastrophe unless Tier 3 becomes the ‘new normal’(£).
Westfield’s owner has promoted Jean-Marie Tritant(£) to chief executive following a shareholder revolt(£) against a planned €3.5bn equity issue.
GCHQ has been accused of putting “image over cost” by choosing Nova South(£) in Victoria for its London headquarters.
Capital & Counties saw its share price fall 3.58% following news of a £275m bonds issue to reduce borrowings.
Ignore the sharpening warehouse yields, look at the dynamics, says LondonMetric’s(£) boss Andrew Jones.
Modular housing provider ilke Homes is planning its largest scheme to date, a 277-home site in Grantham, Lincolnshire.
The Times (£) says the days could be numbered for Countrywide, after Alchemy failed to produce gold.
Mike Ashley’s Frasers Group(£) must “put up or shut up” about a Mulberry bid by 17 December.
Peacocks, Jaeger, Austin Reed and Jacques Vert have collapsed(£) into administration.
Marks & Spencer, meanwhile, has announced that it plans to open 400 stores to midnight in the run up to Christmas.
The Times (£) does its best to help owners of fire-risk flats.
East London’s Arcola Theatre(£) is building a new outdoor performance space. “It’s the opposite of crazy,” says its boss.
Dean Hodcroft, founding partner and chief financial officer of Cale Street Partners, will move to Jersey to become the new chief executive of Crestbridge.
Residential land specialist Charlbury Group has brought on two property entrepreneurs to target planning and permitted development opportunities in London and the South East as part of a company relaunch.
South Korea(£), meanwhile, is converting hotels and offices into rented flats in an attempt to ease housing shortages.
And Martha Lytton Cobbold, mistress of Knebworth House and MD of Knebworth Estates, has been proclaimed the first female president of Historic Houses(£).
And finally, are you dreaming of an ambitious fixer-upper(£)? Do you yearn to swap your city or suburban life for something more steeped in history, and probably rising damp? Then look no further than the Building’s at Risk register, which was updated this week. The mock Tudor, 38-bedroom Beeston Towers in Cheshire might be a good place to start. Glorious, apart from the fire damage. Or perhaps Woodbank Hall in Stockport? The grade ii* listed Georgian villa stands amid sweeping parkland, and would make a handsome country estate. Apart from the minor details that it was used a council office for decades and the parkland is, in fact, a public park.
