In the news this morning, the ‘Queen of Shops’ Mary Portas warned the government the high street faces “catastrophe” unless business rates are frozen. The boss of Redrow said small building firms were held back by planning hurdles. Burlington Arcade in Mayfair, London, has been put up for sale, and Guy Hands’ private equity firm Terra Firma, which owns the Four Seasons care homes group, has started paying dividends again despite poor revenues.
Portas says high street faces ‘catastrophe’ (Sunday Telegraph/£)
Redrow boss says planning hurdles ‘stop small firms’ (Sunday Times/£)
Mayfair arcade up for sale (Sunday Times/£)
Care Homes owner pays dividends again (Sunday Telegraph/£)
