MORNING NEWS: Relocation, retail and raising the stakes

In the news today, EG brings you a story about the proposed relocation of Victoria Coach Station to Transport for London’s Royal Oak site. Click here for all the details of the proposed scheme, Westminster opposition and the Royal Oak strategy.

The nationals have wide coverage of Asos’s shock profit warning. This leads to reports that consider whether the dire state of high street trading is catching up with online retailers, and coverage of the worsening outlook for retailers this Christmas.

And Norges Bank Investment Management continues to nudge up its stake in Shaftesbury.

TfL proposes coach station move to Royal Oak

Retailers take £1.4bn hit as Asos cuts forecast, Christmas outlook worsens

Patisserie Valerie landlords ‘had to send in bailiffs’

Malaysian funds take £1.6bn stake in Battersea power station

Foreign landlords leave UK in droves

Norges Bank raises stake in Shaftesbury

Blippar sinks into administration after funding dispute between investors