MP revolt may force Manchester casino review
The Observer reported on Sunday that the government is reconsidering its decision to award the super casino licence to Manchester, to stem a rebellion among MPs and Lords. As the number of MPS who have registered opposition grows, Culture Secretary Tessa Jowell is said to be “considering the arguments for appointing an ad hoc committee to look again at the issue”.
Revealed: secret plan for West End convention centre
Plans have been uncovered for a purpose-built international convention centre in the centre of London, The Observer reported. The proposals include a 5000-seat facility built on land around Centrepoint along New Oxford Street in the West End of London. The plan would also involve persuading City Point landlord Ardeshir Naghshineh to convert the tower into a luxury hotel.
3i in talks over stake in Foster + Partners
UK private equity group 3i is in talks to take a minority stake in Foster + Partners reported the Sunday Telegraph.
Psst, wanna buys shares in GCHQ?
Land Securities in launching a £500m infrastructure fund whose assets will include government spy centre GCHQ, the M40 and a portfolio of schools hospitals and prisons, according to the Sunday Telegraph.
Brown to blame for 2012 costs
The Tories are demanded that Gordon Brown should be forced to make a Commons statement about the “gross incompetence” which has increased the Olympics budget, wrote the Sunday Telegraph.
Scarcity of land is driving housebuilders consolidation
Housebuilders are looking to consolidate in order to increase their land banks, wrote the Financial Times. Ben Bailey’s decision to appoint NM Rothschild to lead a strategic review which could lead to a sale is part of a trend in the sector.