Persimmon makes progress despite Budget uncertainty November 13, 2025 London-listed housebuilder Persimmon has made steady progress this year, despite a variety of macroeconomic headwinds. Forward sales have risen 15 per cent since July 1 to £2.79bn, with three-quarters of forward sales being private. Just over four-fifths of Persimmon’s expected private house deliveries have already been exchanged or completed, it said. “Progress has been achieved [...]
Robert De Niro: Nobu reveals major London plans amid UK push November 13, 2025 Robert De Niro’s hospitality brand is open to considering new luxury residences in London after the success of its restaurants and hotel, the firm’s co-founders have exclusively told City AM. Nobu Hospitality first launched in London in 1997 with a restaurant at Old Park Lane. That was followed by a hotel and restaurant in Portman [...]
Skilled Labour: The Key To Unlocking £725bn UK Infrastructure Investment November 12, 2025 With Britain ready to commit £725 bn to infrastructure projects someone has to step up and be the hero to solve the crisis that is brewing. The labour market for construction is facing a serious dilemma: an ageing workforce, a shortfall of migrant skilled labour and multiple huge projects in the pipeline across the next [...]
Construction industry sheds workers at steepest rate in five years November 6, 2025 The UK’s construction industry suffered another crippling hit in October after the rate of job shedding hit its steepest level in just over five years. The latest Purchasing Managers Index (PMI) from S&P Global showed the sector had tumbled to 44.1 last month, down from 46.2 in September. This marks the tenth consecutive month the [...]
London office starts lowest in 15 years November 6, 2025 New starts on London office developments have fallen to their lowest level since 2010, City AM can reveal, as stubbornly high interest rates and thorny planning laws continue to blight construction in the capital. In the 12 months to October, construction got under way on just 2.5m square feet (sq/ft) of London office space, less [...]
‘Urgent and consistent’ policies needed to revive SME housebuilding November 4, 2025 The government must fix the ‘overly complex, costly, and slow’ operating environment for small and medium construction companies to unlock housebuilding, according to a new report. Delivery of new homes could be increased by up to 56 per cent – 100,000 properties a year – if barriers to building are removed, according to the State [...]
New 1,200-home neighbourhood unveiled in Elizabeth Line-linked Southall October 30, 2025 A new 1,200-home neighbourhood has been unveiled in Southall as the city continues to expand out along the Elizabeth line. Quarter Yards will deliver 1,273 new homes and over 105,000 sq ft of commercial space. Marcus Blake, managing director at one of the developers, St George, said he has seen “strong demand” for housing in [...]
Sadiq Khan to blame for slump in London housing starts, think tank says October 17, 2025 Sadiq Khan is to blame for a dearth in housebuilding in London, a leading think tank has warned, as new construction projects slumped to their lowest level seen in years. A perfect storm of challenging macroeconomic conditions, needlessly stringent regulation and a sluggish planning process has helped push construction rates down to just 4,170 housing [...]
Construction output weakens as gloom persists October 16, 2025 UK construction output has continued to shrink as companies struggle to build at the pace required by the government’s far-reaching housing goals. Output fell 0.3 per cent month on month in August, according to the Office for National Statistics (ONS), with the most pronounced decline in repair and maintenance. “The underlying trends in construction are [...]
Construction sector hit by waning activity ahead of Budget October 6, 2025 Business activity expectations in the construction industry have fallen to the lowest since the end of 2022 as companies remained glum on future outlook ahead of the Autumn Budget. The latest Purchasing Managers Index (PMI) from S&P Global showed construction output showed the industry hit its highest level for three months at 46.2 – though [...]