In the news this morning, The National Housing Federation calls for affordable, buy-as-you-go homes for low-paid workers that would not require a deposit or a mortgage. A boost for London, with news that Henderson and Janus Capital would base their headquarters in the capital after their merger. And communities secretary Sajid Javid has urged big developers to release their stranglehold on the supply of new homes.
NHF proposes affordable buy-as-you-go homes (The Times/£)
The National Housing Federation is proposing the introduction of a new buy-as-you-go scheme for low-paid, key workers.
London HQ for Janus Henderson (The Guardian/FREE)
The headquarters of the merged Henderson and Janus Capital asset management group will be in London, although its listing will move to New York.
Developers must release stranglehold on supply (The Telegraph/FREE)
All parties must take responsibility over the failure to build enough homes, communities secretary Sajid Javid said.
Retailers welcoming Chinese shoppers (The Times/£)
Retailers are pulling out the stops in order to welcome Chinese visitors during the Golden Week holiday, with Westfield hiring Chinese-speaking concierges.
Fund industry reverses post-Brexit losses (The Times/£)
The fund industry reversed post-Brexit losses in August, figures from the Investment Association showed.
Companies confident of growth (The Independent/FREE)
Companies are expecting strong growth in the next few months, according to a survey by the Confederation of British Industry.
Rollercoaster ride for economy (The Times/£)
Chancellor Philip Hammond warned of a rollercoaster ride for the economy in the next couple of years, but said he was ready to take the necessary steps to protect it from turbulence.