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MORNING NEWS: City of London to reveal offices-to-homes plans

Good morning.

The City Corporation(£) will today publish its proposals to boost its creative and cultural industries, including plans to turn offices abandoned in the pandemic into 1,500 flats.

EY has quit(£) as auditor to peer-to-peer property lender Kuflink(£).

Britain’s most senior civil servant, Simon Case, will conduct a review of how the PM funded the renovation(£) of his Downing Street flat.

There are still plenty of unanswered questions(£), but while some commentators say the renovations scandal is immaterial, others believe it could be the undoing of the prime minister.

British Land and Hammerson were two of yesterday’s top risers on the FTSE, while Globalworth stayed flat as it said a takeover bid undervalued the business.

Telford Homes’ £180m build-to-rent plans at the Alperton bus garage in Wembley have been recommended for approval.

The first 15 weeks of the year saw nearly £150bn of house sales, double the same periods in 2020 and 2019.

TechTalk Radio talks to Fifth Wall founder Brenan Wallace about how the business grew from a $200m fund to a $1.7bn international empire, and the future of proptech.

A flurry of deals has seen Adroit close the gap on CBRE in the South East industrial league table.

Poundland’s parent company Pepco has plans for 8,000 more stores(£) as it prepares to float in Warsaw(£).

Major road building schemes, including the Stonehenge tunnel and the Lower Thames Crossing, are being threatened by an eco legal challenge(£).

And finally, what is all th fuss about Abrdn’s nw nam(£)? Aftr th mrgr with Phonix(£) it sms prfctly rsonabl to sk a nw idntity and brand. Though, why would you choos to declar yourslf a ‘digital company’ by rmoving th lttr most frquntly associatd with all things digital? It turns out th main rason is that the ponymous Scottish city alrady ownd the bst domain nams.

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