MORNING NEWS: Luxury flats, London councils and Annabel’s

A bumper round-up this morning. Housing remains in the headlines with proposals from housing secretary Sajid Javid which would allow families living in built-up areas to add two storeys to their homes.

Separately, there is a piece criticising London councils which have granted property developers planning permission to build more than 26,000 luxury flats priced at more than £1m each, despite fears that there are already too many half-empty “posh ghost towers” in the capital.

Five things you might have missed last week

Criticism also of Richard Caring’s renaming of art at Annabel’s.

Critics look askance at tycoon who renamed £20m Picasso

Anger over glut of ‘posh ghost towers’ planned for London

Labour compulsory purchase orders: Could forced sales of undeveloped land work and is ‘land banking’ really happening?

150,000 UK construction jobs to be added in five years

Presidents Club spent more on men-only parties than charity

Sajid Javid: New right to add two storeys to homes

Michael Fallon takes on property job with Avanton

People and companies

Facebook to build giant British HQ in King’s Cross

TH selling 50% Whitefriars stake

Vincent Tchenguiz to sue Hilton over bust hotels

House of Fraser faces cash squeeze

Business rates revamp shuts down hundreds of pubs

Soho House eyes $2bn float to fund overseas expansion

Scrap right to buy housing scheme, urges Sir Vince Cable

New Look bondholders take cover as fears grow

Carillion chiefs ‘play pass the parcel’ over who is to blame

Bank of England to raise rates twice this year, economists say

Prince’s organic plot could go for housing

The Commonwealth Games: a big win for Brum residents