Good morning. In the news today:
Student accommodation is oversupplied and underperforming, says the FT (£), while The Times (£) says that students in Portsmouth are turned away from digs that haven’t been built yet.
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Good morning. In the news today:
The FT (£) says that BlackRock and Amundi have won contracts to manage real estate debt and affordable housing for Nest, the UK’s state-backed pension scheme.
Student accommodation is oversupplied and underperforming, says the FT (£), while The Times (£) says that students in Portsmouth are turned away from digs that haven’t been built yet.
The Times (£) also reports on a legal tussle over a drugs manufacturing site in Bristol.
Retailer Kingfisher is struggling to sell its Iberian and Russian stores, says the FT (£), while Chinese companies have had no trouble selling at all, becoming net sellers of global assets for the first time (£).
The FT (£) also reports the IoG’s concerns that Labour risks throwing away the benefits of outsourcing.
The Guardian says that restaurant insolvencies have risen by 25% to 1,412 this year.
And, finally, put the kettle on. Fancy coffee has become an essential in a modern workplace, according to the FT (£).
