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      According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.

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housing affordability

  • Housing market ended 2025 on ‘softer note’ after ‘resilient’ year

    January 2, 2026

    The UK housing market rounded off 2025 on a softer note after remaining “resilient” through a volatile year, according to Nationwide’s latest house price index. Annual house price growth slowed to 0.6 per cent in December from 1.8 per cent in November, with a 0.4 per cent fall in prices. This took the average UK [...]

  • Property market slows on uncertainty and high moving costs bite

    November 28, 2025

    The number of houses changing hands in the UK slowed year on year in October due to budget uncertainty and the high cost of moving. UK residential transactions in October 2025 reached 98,450, 2 per cent lower than October 2024, according to HMRC. “Today’s transaction results show a mixed-bag…  in the main we saw a [...]

  • In Ponzi scheme Britain, parenthood is a luxury

    November 20, 2025

    The promise that if you work hard, you will be able to own a home and raise a family is breaking down in real time, says new dad Simon Clarke I am about to do something that an uncomfortable number of British men cannot: become a Dad again. A little boy, since you ask. It [...]

  • Taylor Wimpey shares slump as boss blasts Budget uncertainty

    November 12, 2025

    The boss of Taylor Wimpey has blamed weak market conditions that hit the firm’s bottom line on the uncertainty surrounding the forthcoming Budget. Jennie Daly, chief executive of the housebuilder, said: “Market conditions remain challenging, impacted by uncertainty ahead of the upcoming UK Budget and continued affordability pressures.” Shares in Taylor Wimpey were down over 3.5 [...]

  • Reeves urged to fix Britain’s ‘broken credit system’ that’s failing millions of renters

    November 3, 2025

    A coalition of MPs, lenders, fintechs and charities have urged Rachel Reeves to fix the UK’s “broken credit system”, warning that millions of renters are being locked out of home ownership. The Financial Freedom for Everyone campaign, which includes The Money Charity and Clear Score, sent an open letter to Chancellor Rachel Reeves’, calling on [...]

  • Cutting affordable housing quotas is a slap in the face for Labour voters

    October 20, 2025

    If Labour is no longer in favour of building affordable housing, what exactly is the party for, asks James Ford.

  • Government pledges ‘whatever it takes’ to get Britain building

    September 27, 2025

    The construction of three new towns will begin before the next election, the Housing Secretary will pledge at Labour’s party conference. The Government will “do whatever it takes to get Britain building”, Steve Reed is expected to tell Labour members on the opening day of the party’s annual gathering in Liverpool. Work on 12 new [...]

  • Millennials and Gen Z cling to property dream as house prices soar

    September 8, 2025

    Millennials and Gen Z are refusing to give up on their dream of owning a home despite the steep challenges of getting on the property ladder, fresh research has found. Over 35 per cent of Gen Z and 40 per cent of Millennials think that owning a property is the most effective way to grow [...]

  • Persimmon: Profit jumps as construction activity rises

    August 13, 2025

    Persimmon has reported a double-digit rise in operating profit on increased construction volumes, despite ongoing affordability pressures. The housebuilder told markets this morning that private completions rose seven per cent to 3,987 homes, while total completions rose four per cent to 4,605. It is on track for completions of 11,000-11,500 homes for the full year. [...]

  • House prices rise ahead of key Bank of England rate decision

    August 7, 2025

    House prices rose at their fastest pace since the start of the year in July, as buyers shake off concerns about higher property taxes and push ahead with purchases. Prices rose 0.4 per cent in June, according to the latest index from Halifax, with the average property price now £298,237 compared to £297,157 last month. [...]

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