In the news this morning, EG explores the fledgling relationship and key learning between landlord British Land and clicks-to-mortar retailer Joe Browns on the clothing retailer’s one-year bricks-and-mortar anniversary at Meadowhall shopping centre.
Sticking with the retail theme, the FT reports that an independent panel set up by the government to monitor the use of pre-pack insolvency arrangements finds that procedure is being used to shed tax bills and pensions liabilities.
And in residential news, the Guardian has research from Savills which warns that a major downturn in the housing market could reduce the number of affordable homes built by a quarter.
NEWS ROUND-UP: Klesch buys office at Jersey’s International Finance Centre
‘We have to trust the retailers’ – British Land
Mortgage time bomb fears as loans hit six times salary
Pubs adapt to changing UK drinking habits
Property downturn could reduce number of affordable homes built by 25%
Black Friday hurts UK retailers as footfall declines
Companies abusing insolvency pre-packs, independent panel says
