Read this morning’s papers: Deutsche Bank London HQ/158 RBS UK branches to close

News

Helen Ozolins

24 March 2017

Deutsche Bank commits to London (Bloomberg/FREE)
Deutsche Bank is in talks with Land Securities to take a 25-year lease on office space in a building under construction in the City of London’s financial district.

RBS to close 158 branches in UK (Bloomberg/FREE)
Royal Bank of Scotland is to close 30 branches in the UK as well as 128 NatWest branches as it cuts costs and changes the way it serves customers.

Jones Bootmaker may be set to call in administrators (The Guardian/FREE)
Jones Bootmaker could call in the administrators today after a potential deal with a private equity firm fell through.

House price inflation slowing (The Times/£)
House price inflation has slowed to 6.4% from 7.8% a year ago, according to a report by Hometrack.

Crest Nicholson shareholders reject remuneration report (FT/£)
Shareholders in Crest Nicholson have rejected the housebuilder’s pay plans for its directors, with 58% voting against its remuneration report at the annual general meeting.

Mortgage lending down 8% on month (The Times/£)
Gross mortgage lending totalled £18.2bn in February, a rise of 0.7% on the year but down 8% on the month, figures from the Council of Mortgage Lenders show.

Kier warns on impact of Brexit uncertainty on infrastructure projects (The Times/£)
Uncertainty due to Brexit and rising inflation could result in large infrastructure projects being delayed, the chief executive of Kier, Haydn Mursell, warns.

More families living in temporary accommodation (The Times/£)
The number of families in temporary accommodation rose by 10% last year, to 75,740, figures from the Department for Communities and Local Government show.

UK retail sales beat expectations (The Independent/FREE)
UK retail sales rose by a higher-than-expected 1.4% in February, bringing to an end three consecutive months of decline, figures from the Office for National Statistics showed.

Next reports first profit fall in eight years (The Independent/FREE)
Next reported a 3.8% fall in underlying profit before tax to £790.2m in the year ended 28 January, the first time its profit has fallen in eight years.

In the news this morning, Deutsche Bank is in talks with Land Securities to lease space for a new headquarters in London. Royal Bank of Scotland has announced plans to close a total of 180 branches, including 158 in the UK. Jones Bootmaker could call in the administrators today after a possible deal fell through. Deutsche Bank commits to London (Bloomberg/FREE) Deutsche Bank is in talks with Land Securities to take a 25-year lease on office space in a building under construction in the City of London’s financial district. RBS to close 158 branches in UK (Bloomberg/FREE) Royal Bank of Scotland is to close 30 branches in the UK as well as 128 NatWest branches as it cuts costs and changes the way it serves customers. Jones Bootmaker may be set to call in administrators (The Guardian/FREE) Jones Bootmaker could call in the administrators today after a potential deal with a private equity firm fell through. House price inflation slowing (The Times/£) House price inflation has slowed to 6.4% from 7.8% a year ago, according to a report by Hometrack. Crest Nicholson shareholders reject remuneration report (FT/£) Shareholders in Crest Nicholson have rejected the housebuilder’s pay plans for its directors, with 58% voting against its remuneration report at the annual general meeting. Mortgage lending down 8% on month (The Times/£) Gross mortgage lending totalled £18.2bn in February, a rise of 0.7% on the year but down 8% on the month, figures from the Council of Mortgage Lenders show. Kier warns on impact of Brexit uncertainty on infrastructure projects (The Times/£) Uncertainty due to Brexit and rising inflation could result in large infrastructure projects being delayed, the chief executive of Kier, Haydn Mursell, warns. More families living in temporary accommodation (The Times/£) The number of families in temporary accommodation rose by 10% last year, to 75,740, figures from the Department for Communities and Local Government show. UK retail sales beat expectations (The Independent/FREE) UK retail sales rose by a higher-than-expected 1.4% in February, bringing to an end three consecutive months of decline, figures from the Office for National Statistics showed. Next reports first profit fall in eight years (The Independent/FREE) Next reported a 3.8% fall in underlying profit before tax to £790.2m in the year ended 28 January, the first time its profit has fallen in eight years.