MORNING NEWS: US investment firm sets sights on distressed high street retailers

Good morning. In the news today, The Times reports that Apollo, the US investment firm, is gearing up to capitalise on further high street woes after doubling the size of its investment in a new fund with Alteri Investors. Also in The Times, housing associations are calling for a new approach to fire safety regulations for tall buildings and say that it will cost billions of pounds to meet standards introduced since the Grenfell tower blaze. Russia fights to seize Tower of Lethendy mansion from billionaire Boris Mints Clothing brand Hush sees rapid growth in backlash against fast fashion ‘Betrayed’ investors in Kevin McCloud’s eco housing business told they could lose most of their money Boohoo swings axe at Karen Millen with 1,000 jobs at risk Falling apart at the seams: Why fashion darling Farfetch’s value plummeted by $2bn Global cities begin to shrink as inner areas empty out Ailing high streets to get £1bn boost to revitalise town centres