In the news this morning, Hong Kong billionaire and shareholder Samuel Tak Lee has launched legal proceedings against Shaftesbury over allegations and claims relating to a share placing by the REIT in December 2017.
And there were contrasting fortunes for two housebuilders in their latest half-year results, with Bellway reporting a solid performance, but Crest Nicholson posting a decline in profit of 11%.
Ocado invests in ‘vertical farms’ to grow produce near distributors (The Guardian)
Sir John Timpson slams Amazon for ‘predatory trading’ (Telegraph £)
MPs demand answers from Financial Conduct Authority over Neil Woodford fund (The Times £)
Hudson’s Bay chairman launches bid to take retailer private (Financial Times £)
Small businesses must be given freedom to compete (Telegraph £)
There’s no such thing as hot property (The Times £)
How bookshops are surviving the Amazon onslaught (Financial Times £)
