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      Diesel crisis: UK minister holds emergency talks with US Energy Secretary

      Miatta Fahnbulleh, CEO of New Economics Foundation, looking thoughtful during discussions on diesel prices.

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      Manchester City appointed new CFO just days before Premier League guilty verdict

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      ‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats

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Housing

  • Mortgage rate hikes cost London homebuyers £35,000

    August 27, 2026

    The surging mortgage rates caused by the Iran war have forced the average London homebuyer to fork out an extra £35,500 for their deposit.  The rising cost of borrowing caused by the Middle East conflict has meant that the average deposit in the UK is £18,400 higher than in January – though costs have risen [...]

  • Housebuilder shares soar on Burnham council housing plans

    August 25, 2026

    Shares in the UK’s biggest housebuilders rose sharply on Tuesday morning after Andy Burnham revealed plans to spend an initial £10bn on affordable housing.  In an announcement on Monday evening, the Prime Minister said the initial funding package would be used to build “thousands more quality council, social and affordable homes”. The funding would be [...]

  • Burnham to hand mayors power to overrule local councils’ planning decisions

    August 23, 2026

    Andy Burnham will give mayors across the UK new powers to overrule planning decisions made by local councils and to greenlight large-scale developments. The prime minister will unveil proposals this week to give regional mayors in 13 areas including Manchester, Liverpool, and the West Midlands, powers to take over planning decisions as well as direct [...]

  • House prices suffer biggest August slump in eight years 

    August 17, 2026

    House prices in the UK have suffered their biggest August drop since 2018, as a usually quiet period for the property market is stifled further by fears of Budget tax rises. The average house price slumped by two per cent this month to £364,999, according to property portal Rightmove. House prices are down one per [...]

  • Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board

    August 7, 2026

    London estate agent Winkworth has initiated High Court proceedings against its chair, Simon Agace, for an alleged breach of contract after he and his wife attempted to oust the company’s board, including his son, City AM can reveal. The AIM-listed company, which is one of the UK’s oldest estate agents and specialises in high-end properties [...]

  • Rightmove: Housebuilders face worst conditions since financial crisis

    July 31, 2026

    The boss of property portal Rightmove has warned that UK housebuilders are facing the worst conditions since the 2008 financial crash. Johan Svanstrom, the FTSE 250 firm’s chief executive, said on Friday that new home developments are at “historically low levels due to continued softer build rates”.  The property platform said growth in its new [...]

  • House prices slump as Iran war and interest rates hit demand

    July 31, 2026

    House prices slumped in July after the Iran war and higher interest rates squeezed demand and triggered a slowdown in sales. Annual house price growth slowed to 1.8 last month, down from 2.2 per cent the prior month. Month on month, average house prices remained broadly flat, rising by just £58 to reach £277,542, up [...]

  • High interest rates and low confidence put construction firms under pressure, Lords warns

    July 30, 2026

    Construction firms have been hit by a barrage of reduced market confidence, high interest rates and rising national insurance costs, builders’ merchant Lords has warned, after it suffered its biggest-ever single-day stock fall. The London-based firm released a challenging market update on Thursday, which saw its shares plunge 20.61 per cent to an all-time low [...]

  • Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax

    July 27, 2026

    Andy Burnham is “not considering” scrapping stamp duty and council tax, Downing Street has said, as the government moves to pour cold water on rumours of major tax changes that had spooked property sector leaders. Business chiefs condemned the government over the danger of property tax speculation after reports over the weekend suggested that Burnham [...]

  • Top-end priced UK properties may take four times longer to leave market

    July 25, 2026

    Property sellers in Britain asking for too high a price who have to reduce it to make a sale take four times as long to sell than those listing an accurate initial asking price. According to new research from estate agent Savills, 33 per cent of sales required the asking price to be slashed to [...]

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