In the news this morning, the number of mortgage approvals made a surprise jump to the highest number in almost a year. Rightmove saw its profits grow 18% last year with a record number of estate agents listing homes on the website. The Bank of England may change capital lending rules to help challenger banks compete. Battersea power station developers are set to increase the number of offices as the market for luxury flats slumps. Mike Ashley has made a £27.5m bid for lingerie chain Agent Provocateur.
Mortgage approvals make surprise jump (FT/£)
The number of mortgage approvals by UK banks last month was the highest in almost a year.
Rightmove sees profits leap (Times/£)
Online home search provider Rightmove saw its profits leap last year.
Bank to give challengers helping hand (Times/£)
The Bank of England is looking at ways to help challenger banks compete with their larger high street rivals.
Battersea developers switch flats to offices (FT/£)
Plans for the £9bn redevelopment of Battersea power station are likely to include less luxury flats as the market in London slumps.
Ashley bids for lingerie chain (Times/£)
Sports Direct owner Mike Ashley has lodged a £27.5m bid for lingerie chain Agent Provocateur.
