In the news this morning, the housing market in London’s most expensive areas is showing signs of picking up. The Spanish owner of TSB is considering a bid for the Co-op Bank. Two of the largest supermarkets have attacked the government over business rates, and Lloyds continues to out-perform fellow state-backed bank, RBS.
Prime London market picks up (FT/£)
The number of homes under offer in London’s most expensive areas is at its highest since the EU referendum.
TSB owner targets Co-op Bank (Sunday Times/£)
The Spanish owner of TSB is considering a bid for the Co-operative Bank.
Supermarkets attack business rates reform (Sunday Telegraph/£)
Two of the biggest supermarkets have attacked the government over its reform of the business rates system.
Gap between Lloyds and RBS grows (Sunday Telegraph/£)
The two state-backed banks, Lloyds and Royal Bank of Scotland, continue to perform in opposite ways.