News
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Retail sales volumes fall further
A 9% drop in June follows a 10% fall in May
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BlackRock’s Fink drops use of ‘entirely weaponised’ term ESG
Fink said the term had been misused “by the far left and… by the far right”
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Just 5% of PRS homes affordable on benefits
The level has fallen from 23% in 2020, due to a freeze on housing benefit and rising rents
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Devon flats above shops blocked over future flood risk
Flooding may cause a problem for the first-floor flats in Barnstaple, after 2105
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Prince’s plan to end homelessness
The £3m Homewards initiative will emulate Finland’s Housing First model
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Cineworld to file for administration in UK restructuring plan
Cinema operator will also suspend shares on the London Stock Exchange
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Knight Frank promotes 54 to partner
A total of 252 promotions were made across the firm
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West End deals ‘under threat’ as investment halves
Savills expects H1 investment total to come in at £1.6bn
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Former PwC partner to lead Homes England review
Government says organisation to be assessed to ensure it delivers for the taxpayer
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Topland extends £20m financing for Exeter HoF hotel conversion
A former department store has become a 104-bedroom hotel
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Wetherspoon reignites £15m plans for Wolverhampton city centre redevelopment
The chain plans to transform Wolverhampton’s The Moon Under Water pub
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Blackstone sheds $3.1bn of assets to Prologis
Prologis has agreed to buy almost 14m sq ft of US industrial properties