EY’s latest economic outlook predicts Britain could be plunged into recession if the Strait of Hormuz remains closed until spring next year.

Britain’s national debt has risen above £3tn for the first time, The Taxpayers’ Alliance reports.

Muse has been named as development partner by Wakefield Council for the long-term regeneration of Castleford, west Yorkshire.

Mike Ashley’s Frasers Group has emerged as the frontrunner to buy an 11-building estate in the City.

Korea’s Hyundai Asset Management has refinanced an office campus near Edinburgh it acquired for £130m.

Olympian and HGP secure £75m refinancing of Centre Court, their 790-bed student accommodation scheme in Nottingham.

Sainsbury’s has agreed to sell Argos for just £120m a decade after it bought the retailer.

The number of padel courts in Britain rises to 2,000 - back in 2020, there were just 87.

Next has opened a 132,000 sq ft flagship at Bluewater in Kent, reportedly tripling its footprint at the centre.

Time Out is launching a new flagship market in Piccadilly Circus.

According to Savills for Real Estate:UK, new BTR starts have fallen sharply across the UK, highlighting the growing viability pressures facing the sector.

Border to Coast has confirmed the £400m purchase of an 866-home single-family housing portfolio from Blackstone’s Leaf Living.

Long Harbour Capital has locked in a £160m investment loan from NatWest.

ESG data platform Deepki expands its ESG platform by acquiring  sustainability consultancy Evora Global and energy-data specialist Metry.

Plans have been approved to fill the Tower of London’s moat with ponds, wetlands, meadows and rain gardens.