Good morning, and happy International Women’s Day.
Ministers are considering ending the planning restrictions for onshore wind farms(£) as the government prioritises energy security.
Levelling up secretary Michael Gove has also backed revived plans to tap into the tidal power of the Severn bore.
Pressure is growing on international property consultants still operating in Russia, as global brands McDonald’s(£), Coca-Cola(£) and Starbucks shut up shop.
Meanwhile, Russia has said it will nationalise any foreign-owned factories(£) shuttered by businesses protesting against the invasion of Ukraine.
Apollo chief Josh Harris is exploring a bid for Chelsea Football Club(£), as Roman Abramovich pushes ahead with the £3bn sale.
Meanwhile, Cambridge United is buying back the freehold to its stadium, which was sold to Grosvenor in 2010.
London has been on a learning curve with its life science space, writes Savills’ Oliver Fursdon, but how do we harness the capital’s potential?
And take a first look at the redrafted plans for Euston’s £500m HS2 station. In an echo of the times, soft curves have been replaced by something rather more angular.
Greggs(£) has confirmed plans to grow its shop estate from 2,181 to at least 3,000 by opening 150 shops a year.
And the Great Resignation could be over(£), says Morgan Stanley chief James Gorman. But only because the economic recovery is running out of steam.
And finally, China has some good news for bricks and mortar. Well, bricks at any rate(£). Despite president Xi Jinping’s recent attempts to curb his country’s passion for property, and the fallout from Evergrande’s collapse, one firm synonymous with construction is doing rather well out of its China developments. Yes, it’s Lego(£), where profits are up by a third thanks to its 90 new China stores.
