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      Rising welfare bill set to ‘swallow’ stealth tax revenue

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Property

  • BDO signs lease for new West End headquarters

    July 18, 2024

    Professional services firm BDO has signed a lease for its new UK headquarters at The M Building, as the firm opts to stay in the West End

  • Dream golf home: Cottage in middle of Royal Troon Open Championship course for sale

    July 18, 2024

    A house wedged between the 16th and 2nd holes at Royal Troon Golf Club - home of the 152nd Open Championship - has gone up for sale for an eye-watering price.

  • ‘Steady picture’: UK house prices increase at fastest rate since July 2022, as London rose slowest

    July 17, 2024

    Expectations of a cut to interest rates and continued tight supply helped house prices to rise for the third successive month in May, the Office for National Statistics has said.

  • King’s Speech: From no-fault evictions to having a pet, here’s what Labour’s Renters’ Reform Bill will do

    July 17, 2024

    Labour’s Renters’ Reform Bill will introduce significant changes to rented housing in England and Wales, including on no-fault evictions and having a pet. Legislation will be introduced “to give greater rights and protections to people renting their homes”, including “ending no-fault evictions and reforming grounds for possession”, King Charles said.  The bill started life under [...]

  • Helical slashes dividend despite London lettings and development progress

    July 17, 2024

    Progress in flagship central London office developments and the successful lettings of three Aldgate East spaces has led office specialist Helical to underline its confidence it has in the capital's office market despite having to slash its dividend.

  • London offices: Bigger is better, as construction of smaller spaces in the capital dries up

    July 17, 2024

    For the first time in at least two decades not a single new office scheme smaller than 100,000 square feet began construction in London in the first half of this year, despite demand for larger spaces reaching record highs.

  • ‘Hoodwinked from IPO onwards’: Home REIT shareholders round on scandal-hit investor over wind-down plans

    July 17, 2024

    Home REIT shareholders have rounded on the firm and its investment manager today after the scandal-hit social housing investor revealed plans to wind down in the coming months.

  • Legal and General rows in behind Reeves’ housebuilding drive with £125m fund

    July 15, 2024

    Legal & General has thrown its weight behind the government’s house building push today with a pledge to inject at least £125m of pension cash into affordable housing.

  • Investment in London’s prime property market dried up as super-wealthy downsized

    July 15, 2024

    Competition from Dubai and concerns about the Labour government's tax and spend priorities have led investment in London's super prime property market to dry up.

  • FTSE 100 today: London set to open soft amid US political uncertainty

    July 15, 2024

    Asian markets were mixed. The US dollar rose on bets of a Trump victory. China's growth slows. Focus on Netflix and major banks' earnings.

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