First residents to move into Bermondsey’s revitalised biscuit factory site November 25, 2025 Pearl Yard, a redevelopment of Bermondsey’s iconic biscuit factory, has delivered its first homes since Greystar acquired it in 2022. Named after “The Pearl”, the first biscuit baked on the original Peek Freans factory site, the new neighbourhood is set to create 1,600 new rental homes when it is fully completed in 2027. Daniel Thompson, managing director [...]
Everything we know about Rachel Reeves’ Budget – from mansions to milkshakes November 24, 2025 In the run-up to the mother of all Autumn Budgets to be delivered by Chancellor Rachel Reeves this week, tax rumours have run wild, infecting the minds of businesses and working Brits while adding to the sense of peril that a botched fiscal event could bring. Investors are running scared. Voters fear looming betrayal. Gamblers [...]
UK construction productivity still stuck in the 90s, warns industry body November 21, 2025 Productivity in Britain’s construction sector is now lower than in 1997, according to a new report. Decades of under-investment have left delivery capacity “dangerously thin”, a new report by Oxford Economics for the Construction Plant-hire Association (CPA), Half-Built Britain, has warned. CPA chief Steven Mulholland said the report should serve as a “wake-up call” for [...]
Lack of London office space a ‘major economic risk’, Reeves warned November 20, 2025 London Property Alliance has called on Chancellor Rachel Reeves to recognise offices as essential economic infrastructure to boost the capital’s competitiveness. The organisation said that London faces planning barriers, rising costs and a shrinking supply of modern office space, with a 54 per cent drop in major planning applications over the past decade. “The Chancellor… [...]
Brits delay moving houses over Budget fears November 20, 2025 Nearly one in five Brits considering moving house have stalled their plans ahead of the Budget, a new survey has indicated, in a fresh warning to the Treasury about the damage caused by leaks and speculation. Around 17 per cent of potential movers surveyed by property website Rightmove said they have paused their plans to [...]
Andy Burnham makes £1bn challenge to Starmer and Reeves before the Budget November 20, 2025 Andy Burnham has revealed a £1bn growth plan for Manchester in a move which could be seen as a direct challenge to both Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves less than a week before the Budget. The Mayor of Greater Manchester has touted the proposals as a way to “pioneer a new [...]
Government backs plans to digitise homebuying November 20, 2025 Labour has backed a new initiative to “revolutionise” homebuying by embracing technologies, with failed deals costing the economy nearly £1bn every year. The project will see the Centre for Finance, Innovation and Technology (CFIT) work in coalition with multiple government departments, including the department for business and trade and the ministry for housing. The initiative [...]
Overseas investors return to London’s offices November 19, 2025 Real estate investment in London has risen for the second year in a row as appetite for the capital’s assets returns, according to a new report. Total investment is set to top £14bn in 2025, below the 10-year average of £18.1bn but significantly higher than in 2023 and 2024, according to a new report by [...]
Housebuilding around train stations to be given default green light November 18, 2025 Planning proposals for homes around train stations will be given an automatic green light in the latest Government drive to speed up housebuilding. Housebuilders will be encouraged to build more homes within a 15-minute walk of transport links, and councils in England will also now be required to tell the government when they intend to [...]
Councils face exodus of planners in threat to housebuilding goals November 18, 2025 One in five UK planners intends to leave the field or retire by 2028, in another significant threat to the government’s housebuilding target, according to new data. Nearly two-thirds of planners said their teams lacked the capacity to meet demand, according to the Royal Town Planning Institute (RTPI). The RTPI has warned that the exodus [...]