Rumblings of a land value tax are in the news this morning. The Guardian reports that shadow chancellor John McDonnell has said that Labour is considering the move as a way of boosting local government budgets.
Elsewhere, the Times notes the jostling among Shaftesbury’s shareholders. The strengthening of Norges Bank Investment Management’s position in the West End developer is also expertly covered by EG.
And a warning over the £4bn Euston station rebuild.
NEWS ROUND-UP: Inside XTX Markets’ sci-fi-inspired King’s Cross office
Labour says land value tax would boost local government budgets
Rival property investors go shopping in the West End
Warning over runaway rail station costs
A gain in Spain lifts shopping mall owner Intu
MPs demand answers on ‘false market’ in Carillion
Freehold of ‘worst leasehold abuse’ block sold for £180,000
Restaurant owner calls for culture secretary to reject modernisation plan
