MORNING NEWS: Loans, litigation and hotel hot spots

In the news this morning, one of the Candy brothers goes to the bank to get an $80m mortgage, while one of the Tchenguiz brothers goes to court as a legal battle with Grant Thornton rumbles on. Meanwhile, EG brings you news from the European debt market and the international hotel investment market. NEWS ROUND-UP: Which city attracts the most hotel investment? Resolution enters debt market Property tycoon Nick Candy takes out £80m mortgage on London flat ITV abandons HQ on London’s South Bank amid strategy overhaul Cash and great connections on offer in the EG Tech Academy Tchenguiz ‘invented’ claims against Grant Thornton Underneath the railway arches: inspirational HS2 station design Foxtons closes Park Lane flagship as it cuts costs TK Maxx boosts sales to nearly £3bn Lower Thames Crossing aims to cut capital’s congestion