Good morning. Here is your AM bulletin, with the latest news and views from EG, as well as a few of the best bits from the morning papers.
The property industry’s backlash against the prime minister’s net zero U-turn has grown, with more businesses condemning the move. Grosvenor said it “sends all the wrong signals”.
US Northeastern University has taken nearly 100,000 sq ft over three floors in Alfred Equities’ newly refurbished One Portsoken in Aldgate, E1.
Home REIT has taken back leases on 146 more properties, this time from collapsed tenant Redemption Project, taking a sizeable hit on rents in the process. But at least the rents might actually be paid.
And Batman is moving to Watford. Warner Bros has confirmed it will go ahead with a huge expansion of Leavesden film studios, making it the home of DC Studios.
Kadans Science Partner managing director James Sheppard tells EG why its new project in Canary Wharf will be a little bit different.
Borrowing costs are set to fall after the Bank of England decided to hold interest rates steady for the first time in 22 months.
The FT (£) says the time has come for a wealth tax.
Fears that HS2 might stop at Birmingham have been given weight, after the chancellor admitted that the cost of building the high-speed rail line was “getting totally out of control”
And finally, in the latest episode of EG’s Office Politics podcast, we meet West Midlands mayor Andy Street. Tune in to find out why a mayor has to be a good storyteller, why a career at John Lewis proved a perfect route into regional politics and why Liz Truss may still be right. In part. Sort of.
