City of London considers outside investment for housing projects Property The City of London is considering bringing in outside investors to help fund housing projects in the Square Mile. A partnership would be the first time the Square Mile has brought in outside investment for housing in the Corporation’s nearly 1000-year history. The Corporation, which manages 1,800 social rented homes as well as 900 leasehold [...]
FTSE 100 Live: Unilever demerger; House prices hit record high Markets Good morning and welcome back to the City AM liveblog. The Autumn Budget started nearly an hour earlier than expected on 26 November after the fiscal watchdog leaked its forecasts for the UK and with it all the Labour government’s economic policy for the next year. But start as you mean to end rings true [...]
Majority of young voters consider leaving London due to cost of living Economics A majority of young Londoners have considered leaving the capital due to the high cost of living, with one in four actively looking into moving, according to a new survey. Just under half – 47 per cent – of all Londoners have thought about moving out of the capital, with that figure rising to 54 [...]
London house prices record annual fall for first time in 18 months November 28, 2025 Budget uncertainty and a glut of supply caused house prices in London and the south to record an annual for the first time since last spring, according to new data. London house prices fell 0.1 per cent year on year, while prices in the south east and the south west fell by 0.1 per cent [...]
Multi-billion Earls Court redevelopment given green light November 27, 2025 A £10bn masterplan to redevelop the former Earls Court Exhibition Centres has been given the green light by Hammersmith council. The planning committee unanimously agreed to grant planning permission for the 44-acre site, which will be transformed as a new neighbourhood with around 4,000 homes in addition to leisure and cultural venues. “Earls Court will [...]
It’s not just LISAs: Stamp duty land tax is a London problem too November 25, 2025 Getting on the property ladder is getting harder and harder for young people. Dwindling housing supply coupled with growing demand for property has left sellers receiving offers significantly above the asking price, with squeezed buyers turning to family members to fund ballooning deposits. But the costs do not end when the keys are handed over. [...]
UK construction productivity still stuck in the 90s, warns industry body November 21, 2025 Productivity in Britain’s construction sector is now lower than in 1997, according to a new report. Decades of under-investment have left delivery capacity “dangerously thin”, a new report by Oxford Economics for the Construction Plant-hire Association (CPA), Half-Built Britain, has warned. CPA chief Steven Mulholland said the report should serve as a “wake-up call” for [...]
Brits delay moving houses over Budget fears November 20, 2025 Nearly one in five Brits considering moving house have stalled their plans ahead of the Budget, a new survey has indicated, in a fresh warning to the Treasury about the damage caused by leaks and speculation. Around 17 per cent of potential movers surveyed by property website Rightmove said they have paused their plans to [...]
Government backs plans to digitise homebuying November 20, 2025 Labour has backed a new initiative to “revolutionise” homebuying by embracing technologies, with failed deals costing the economy nearly £1bn every year. The project will see the Centre for Finance, Innovation and Technology (CFIT) work in coalition with multiple government departments, including the department for business and trade and the ministry for housing. The initiative [...]
Housebuilding around train stations to be given default green light November 18, 2025 Planning proposals for homes around train stations will be given an automatic green light in the latest Government drive to speed up housebuilding. Housebuilders will be encouraged to build more homes within a 15-minute walk of transport links, and councils in England will also now be required to tell the government when they intend to [...]