In the news this morning, Nationwide has seen a big fall in buy-to-let loans after a government crackdown on the market. Developer Unite has bought the largest student block to ever come on the market for £227m. Greene King pubs celebrated a record Christmas Day, but between 50-60 are to close this year, and American department store chain Sears is to cut $1bn in costs as part of a turnaround plan. Protection for the Great Crested Newt from new development is to be relaxed post Brexit.
Nationwide sees big drop in buy-to-let loans (Telegraph/£)
Buy-to-let lending at Nationwide has plunged after a government crackdown on the market.
Unite buys largest student block (Telegraph/£)
Developer Unite has bought the largest student block to ever come on the market for £227m.
Greene King toasts record festive result (Times/£)
Pubs owned by Greene King achieved record sales on Christmas Day but face an uncertain year ahead, the brewer warned.
Sears launches turnaround plan (Times/£)
American department store chain Sears is to cut $1bn from its costs this year as part of a turnaround plan.
Great Crested Newt protection to be lifted (FT/£)
Ministers are preparing to repeal EU laws giving Great Crested Newts protection from new development.
