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      ‘You can walk in the road!’: Inside Oxford Street’s first day without traffic

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Housebuilder

  • Construction output tumbles as builders hit by surging costs and red tape

    May 7, 2026

    The UK’s construction sector suffered a sharp fall in activity last month, as the Iran war batters confidence and drives up prices. S&P Global’s monthly construction index for the UK dropped to 39.7 in April, down from 45.6 in March. Builders are beginning to suffer from rising material costs caused by the blockage to the [...]

  • MJ Gleeson warns building cost inflation prompting ‘high caution’

    May 1, 2026

    Housebuilder MJ Gleeson has sounded the alarm over building cost inflation, prompting “higher than usual caution” over its finances. The London-listed firm said on Friday: “We have recently seen some softening in footfall and reservations, and limited increases in the cost of some materials.” The effective blockade to the Strait of Hormuz caused by the [...]

  • Persimmon: Housebuilder sounds alarm over building cost inflation

    April 30, 2026

    Leading housebuilder Persimmon has sounded the alarm over rising supply costs due to the Iran war as demand begins to soften. The housebuilder, one of the UK’s largest, said on Thursday it is beginning to see inflation in its supply chain, which it said could impact its finances as soon as the second half of [...]

  • Housing stocks drag on FTSE as inflation woes build into Bank of England interest rates call

    April 28, 2026

    Fears about the impact of interest rates on the UK’s struggling economy echoed around the City into this week’s set-piece interest rate meeting at the Bank of England. A trio of Tuesday trading updates from London-listed firms with direct exposure to the housing market revealed rising costs.  The insight reverberated across an industry which depends on affordable mortgages [...]

  • Housebuilding stocks recover as industry reaches ‘rock bottom’

    April 15, 2026

    The UK’s biggest housebuilder kept to the well-rehearsed tone of gloom which has loomed over the sector in recent months, when it became the latest to pull back on spending amid the market uncertainty caused by the Iran war. FTSE 100 firm Barratt Redrow said its financial targets hold firm, but warned that the blockage [...]

  • ‘Entirely avoidable’: Build-to-rent housebuilding slows as London planning wait doubles

    April 15, 2026

    The construction of build-to-rent homes in Britain is in danger of grinding to a halt as the planning wait for London homes has almost doubled in this decade. The number of build-to-rent homes under construction has fallen for the ninth consecutive quarter, according to data shared exclusively with City AM. The government has pledged to [...]

  • Help to buy scheme had ‘limited impact on social mobility’

    April 15, 2026

    Previous help-to-buy schemes did little to improve social mobility and mainly benefited high earners, the government has been warned, as it mulls reviving the programme. Help-to-buy, which offered equity loans to first-time buyers, had a “limited impact on social mobility,” the Institute for Fiscal Studies (IFS) has said.  The government is reportedly considering revising help-to-buy, [...]

  • Labour must reform biodiversity laws to boost housebuilding, trade body says

    April 3, 2026

    Housebuilders are calling on the government to reform its biodiversity quotas for developers to lessen the costs and delays they say it causes to businesses.  The Home Builders Federation (HBF), which represents the housebuilding industry, welcomed recent changes to biodiversity laws but said they do not go far enough in lifting the burden on housebuilders.  [...]

  • Family-run construction firms pushed ‘to brink’ by inheritance tax

    April 1, 2026

    Family-run construction firms are being pushed to the brink of insolvency by reforms to inheritance tax which undermine Labour’s housebuilding target, a trade body has warned. Plant-hire firms – which provide machinery and services to the construction sector – are almost always family run and are being forced to scale back by inheritance tax changes, [...]

  • Cancel student debt in exchange for first time buyer equity, housebuilders urge government

    March 24, 2026

    Cash-strapped graduates struggling to get on the property ladder should have their debt written off in exchange for giving over a stake of their first home to the government, a new report has urged. The report, backed by more than 50 housing sector bodies including top housebuilders Vistry and Barratt Redrow, proposes offering a discount [...]

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