Pro-fracking MP to oppose scheme in his constituency

News that a senior Conservative MP is preparing to oppose a fracking scheme in his constituency, despite previously expressing support for the practice, features in today's newspaper round-up.

The Times
(subscription) reports that Conservative MP Andrew Tyrie has told constituents that he is "very unlikely" to support an application to drill for shale gas in Fenhurst, West Sussex - despite earlier expressing support for the practice, also known as "fracking". The newspaper said Tyrie's constituency stance was at odds with pro-fracking comments he was filmed making by Greenpeace at last year's Conservative Party conference.

The Independent has news that a new terminal at China's Shenzen Airport could prove to be one of the world's biggest white elephants. According to the newspaper, despite its cathedral-like appearance and £621 million cost, the airport's Terminal 3 is struggling to attract interest from international carriers.

The Guardian - along with all other newspapers - reports that Bank of England governor Mark Carney has put the brakes on mortgage lending delivered via the government's Funding For Lending scheme. The move, it says, is a direct reaction to concerns that the UK is in the early stages of a new property boom.

Elsewhere, the Guardian reports that Japanese sports officials are looking to shrink the size of award-winning UK-Iraqi architect Zaha Hadid's designs for Tokyo's new Olympic Stadium. According to the newspaper, the design has also been criticised by local architects as "grossly insensetive to its context".

The Financial Times (subscription) claims "questions are being raised" over the reality of a Chinese developer's commitment to UK developer Peel Group's £10 billion Wirral Waters plans. It said a recent visit to the offices of Sam Wa Resources Holdings in the city of Jiangyin showed "no indication of a thriving business".

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