Bridget OConnell

Buyers spent £432m on commercial buildings in the quarter — a level last seen in 2015.

The chain’s future was said to be “in the balance” on the weekend as it tried to resolve a stand-off between its lenders and its Chinese owner.

Japanese noodle bar chain chaired by Allan Leighton has appointed Goldman Sachs to review “strategic growth options”.

Closures will be carried out through a company voluntary arrangement – a move which allows companies to shut loss-making shops and secure rental discounts.

The restaurant sector has been over-saturated, one lender said, with the result that some brands are now struggling to compete.

Official figures showed a 90% collapse in the number of appeals lodged against business rates bills after the introduction of a contentious new system.

BoE data recorded a bigger than expected £1.8bn increase in consumer credit in April, marking the strongest rise since November 2016, giving renewed impetus for a rate increase later this…

Britain’s biggest building society reported that prices fell by 0.2% compared with the previous month, eliminating a 0.1% rise in April.

Round-up of today’s top property stories with quick links to the nationals.

The company will develop more build-to-rent schemes in London over the coming months, and continues to evaluate whether to pursue a formal partnership with an investment partner.