In the news this morning, EG looks back at the collapse of Woolworths a decade ago and finds lessons for the “year of the CVA” and beyond from analysis of the retailer’s former 800-strong portfolio.
Elsewhere, a major review of the planning system has found deregulation that makes it easier to convert offices into homes has led to “a type of inequality not seen in Britain for over a century”. Or, in other words, a ‘chaotic patchwork’ driving inequality.
Also this morning, FTSE 100 retailer Kingfisher is seeking a sale-and-leaseback of six B&Q stores in an effort to raise cash to its turnaround plan, and the Reuben brothers have run into a legal challenge in their attempt to take control of Santander’s €3bn (£2.3bn) Madrid headquarters.
Five things you might have missed last week
NEWS ROUND-UP: Khan overrides local authority ruling on London schemes
Planning is ‘chaotic patchwork’ driving inequality – Raynsford
City closes Fleet Street deal with Royal London
Woolworths: 10 years after the collapse
Planning deregulation creates ‘slums of the future’, review says
Ashley closes Evans Cycles stores despite ‘profitability’
Landlord New Frontier Properties warns on retail meltdown
Santander takes on property tycoons David and Simon Reuben
Kingfisher boss Veronique Laury raises cash for B&Q renovation
HS2 project delayed by a year as budget balloons
UK house prices fall by £5,000 on average, with south sliding fastest
