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      Nearly 1m people to pay higher tax ‘by stealth’

      Tax Trap: Another 74,000 taxpayers were added to the punitive £100,000-£125,000 income bracket during the 2024/25 tax year

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Housing

  • Middle East expats rush back to London, luxury property rents spike

    April 10, 2026

    An influx of people who have recently moved to the Middle East are now seeking short-term refuge in London, pushing up rents in the capital’s luxury property market – according to a leading estate agency.  British, European and North American nationals have rushed to snap up short-term rentals in high-value London properties since the Iran [...]

  • Mood has shifted on housing market as rates rattle demand

    April 9, 2026

    High mortgage rates are unlikely to deflate immediately even if the Iran ceasefire holds, property experts have warned, as rising rates stifle demand for houses. The number of Brits enquiring to buy a new home fell even further in March, down from negative 29 per cent in February to minus 39 per cent last month, [...]

  • Construction firms slash jobs after biggest-ever cost inflation rise 

    April 8, 2026

    Construction businesses cut jobs at a faster pace in March while the month-to-month inflation rise was the largest on record in a survey that has existed for 29 years.  S&P Global said the difference in a reading for cost inflation between February and March was the largest it had ever recorded since data collection began [...]

  • House prices drop as Iran war shakes property market

    April 8, 2026

    House prices fell in March as the uncertainty caused by the Iran war stifled the property market and spiked fears of interest rate rises.  Average house prices fell 0.5 per cent last month, reversing the modest 0.3 per cent February increase, according to Halifax’s house price index. This is the latest signal that the Iran [...]

  • Berkeley shares plummet as it ‘pulls up drawbridge’ and stops buying land 

    April 1, 2026

    Shares in leading housebuilder Berkeley plummeted on Wednesday after it paused housebuilding to protect its balance sheet against an “unprecedented increase in cost and regulation”.  The firm’s share price fell by more than 17 per cent shortly after markets opened, to a decade low, leaving the stock down 28 per cent this year at 2,832p. [...]

  • 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, [...]

  • House prices pick up but property outlook remains ‘clouded’

    March 31, 2026

    House prices picked up in March as the property market gained traction after a slow start to the year, though experts warn the Iran war could “cloud” this momentum. The UK’s house prices rose by 2.2 per cent year on year in March, up from one per cent growth in the year to February, as [...]

  • Housebuying demand falls as Iran war spikes mortgage rates

    March 30, 2026

    Housebuying demand has fallen as Brits take a “wait and see” approach after the Iran war spiked mortgage rates and prompted lenders to take hundreds of deals off the market. Buyer enquiries were 13 per cent lower in March than a year ago, as mortgage rates climbed by an average of 0.4 per cent over [...]

  • Four ways to help the HENRYs

    March 26, 2026

    High Earners, Not Rich Yet are being hammered by tax, housing and childcare costs. Here’s how to fix the system so HENRYs don’t just participate in the workforce, but also prosper, says Louis Coke The acronym ‘HENRY’ has been around for a while, and the problem that it encompasses is only getting bigger and bigger [...]

  • London house prices drop again as market faces fresh headwinds

    March 25, 2026

    House prices in London have fallen for the sixth consecutive month, as the capital’s property market continues to struggle compared to the rest of the country. The average house price in the capital fell by 1.7 per cent in the year to January, up from the 1.2 per cent year-on-year fall in December, according to [...]

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