Good morning. In the news today, 30 July, The Times reports that the decline in high street shops and shopping centres has driven the biggest drop in British prime commercial property rents in a decade.
Also in The Times, the European Union’s financial watchdog has warned that housing and commercial property are showing signs of being overvalued across Europe.
Also in the news this morning:
Neil Woodford to pocket £11m in fees after fund freeze is extended
Activist tucks in after dialling into Just Eat
Results debacle hits Sports Direct shares
Decline in retail property values deals blow to Hammerson profits
Publican code leaves tenants worse for wear
Holiday Inn owner cracks down on plastic toiletries
Grant Thornton to quit as Sports Direct auditor over €674m tax bill
Only 149 shopping days to go: Christmas comes early to Selfridges
