MORNING NEWS: Bids, business rates and biscuits

In the news this morning, the Reuben brothers are reported to be in the running for Santander’s €3bn (£2.6bn) headquarters in Madrid – the asset that has previously turned the head of investors Glenn Maud and Robert Tchenguiz respectively.

Back at home, Shaftesbury boss Brian Bicknell has backed calls for higher taxes on online retailers to relieve the pressures of the “out of date” business rates regime on the country’s struggling high streets and former business secretary, Vince Cable, has renewed pressure on house builders to cap executive bonuses.

And Patisserie Valerie’s ‘nightmare at the cake counter’ is also covered widely with The Times today reporting that the chain’s owner is considering taking legal action against its auditor, Grant Thornton.

Five things you might have missed last week

Call to cap ground rents at £10 for new leasehold homes

Pressure mounts to help high street shops with tax increase on online retailers

Gourmet Burger Kitchen set for clash with landlords

Reuben brothers David and Simon bid for Santander HQ in Madrid

Cash-strapped consumers steer clear of high streets

Stop ‘fat cattery’ in bonuses for bosses, Cable tells builders

Buy-to-let investors decide it’s not as grim up north

Café chain could sue auditor over £40m hole