MORNING NEWS: Employment tribunal action and high street woe

In the news this morning, the directors of the firm that managed the UK estate of the Abu Dhabi royal family for more than 16 years are bringing an action at the employment tribunal for unfair dismissal and failure to comply with TUPE regulations. Read the EG story for more. Elsewhere, the bad news from the high street continues as more big high street names battle the cold retail climate. NEWS ROUND-UP: Editor’s comment – the wind of change is coming Lancer directors launch unfair dismissal claim Boris Johnson defends garden bridge plan that will cost public £46m Housing market bounces back as mortgage rates stay low despite rate hike Carpetright forecast falls through floor Expansion on the menu at Wagamama Bovis pays the price for fast move More big high street names face crushing defeat by online rivals House prices fall as incomes are squeezed