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      ‘Fossil fuel rollercoaster’: Government plans energy price shake-up as Miliband ‘doubles down’ on renewables

      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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house price index

  • UK house prices: ‘Only the Autumn Budget could derail this train’

    September 6, 2024

    UK house prices grew at their fastest annual rate since November 2022, although analysts have already started to warn about the effects of a potentially bruising Autumn budget. Prices rose by 4.3 per cent year on year and 0.3 per cent month on month, taking the price of the average property in the UK to £292,505, [...]

  • Price of the average London home on the rise as UK demand rockets

    August 28, 2024

    The ‘average’ London home will now set you back more than £530,000 after house prices in the capital increased for the first time since April 2023, according to figures released today. Data from Zoopla’s latest house price index revealed that London property prices were up 0.2 per cent year on year in the first seven [...]

  • ‘Buyer buzz’: Outlook raised for UK house prices after interest rates cut

    August 19, 2024

    Property portal Rightmove has said there is a “degree of buyer buzz” in the housing market, caused by the moderation in mortgages in light of the Bank of England’s decision to cut the base interest rate. It raised its house price forecast for 2024 from negative one percent to one per cent, citing more interest [...]

  • ‘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.

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