MORNING NEWS: Blackstone bosses and real estate

In the news this morning, EG reports on changes at the top of Blackstone. The appointment of a new president and chief operating officer result in promotions within the firm’s £83bn real estate group.

Elsewhere, ripples from the President’s Club scandal spread to construction industry events and the latest official house price figures are out.

NEWS ROUND-UP: Digital auctions poised to go mainstream

Jon Gray replaces Tony James at Blackstone

Number of first-time buyers reaches decade high even as housing market cools

Construction event issues crackdown on scantily clad sales staff

House prices rising at slowest pace in four years as market cools

Norges, biggest sovereign wealth fund, takes tough line on corruption

MPs defy regulator to publish  full Financial Conduct Authority report into RBS

Tenants face £40m bill for new cladding