The Sunday Times (subscription) reports that "David Cameron is facing a revolt in more than 30 Conservative constituencies" as he is "accused of reneging on a pledge to give ordinary people the power to block unwanted housing developments in their back yards". The newspaper reports that villagers in Bampton – the film location for Downton Abbey – feel "powerless in the face of rich developers and a feeble council".The Daily Telegraph reports that Conservative energy minister Michael Fallon has said "households 'right across the South' should prepare for gas fracking to begin in their areas". According to the newspaper, Fallon said that "in the next few weeks, a study by the water industry will conclude that fracking will not contaminate the water supply".
The Financial Times (subscription) reports that the "Thames’s ancient role as an artery of commercial transport is undergoing a revival after a surge in construction work in the capital". According to the newspaper, infrastructure projects such as the Thames Tideway tunnel are "bringing the river back into use as a commercial throughfare for business".
The Financial Times also reports that "London’s housing market faces an oversupply of high-value homes for rents as developers rush to build schemes that will soak up a wave of foreign investment". According to the newspaper, estate agents Savills highlights "a massive undersupply at lower levels of the market". Savills research showed "more than £7 billion of international cash was spent on high-end London homes last year", the newspaper says.
A building in Slough, which featured in the opening sequence of the comedy series The Office, will be demolished today, the Times reports. The newspaper says the building’s owner, Segro, is "knocking down the building to make way for an open-plan development that it hopes will create 4,000 jobs".