Reeves is outrageously complacent on economic growth Economics The dust has settled on the Chancellor’s pointless Spring Statement and, if anything, it looks even worse in the rear-view mirror than it did in real time. Yesterday, top think-tanks and policy wonks chewed over the claims made by Rachel Reeves in her panglossian speech to MPs, and they don’t appear to be overly impressed. [...]
Landlords reject idea higher taxes benefit first-time buyers Retail The National Residential Landlords Association (NRLA) has rejected analysis by the Joseph Rowntree Foundation (JRF) that suggests tax hikes on the private rented sector have benefited first time-buyers. A report from the JRF has found that reforms introduced by governments from 2016 were “effective in addressing tax imbalances that benefitted landlords over and above ordinary [...]
London rents rise again as Savills warns of double-digit UK increase Property Analysts have warned rents are being pushed to unsustainable levels amid another yearly jump and concerns there is no natural plateau in sight. The average UK private rent rose by 8.7 per cent in the year to October, up from 8.4 per cent in the year to September, according to the ONS. The increase was [...]