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      Ministers poised to nationalise second steel firm

      Britains steel industry facing challenges with potential shutdowns and job losses, highlighting economic impact.

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      Gianni Infantino, FIFA President, smiling as golden confetti falls around him

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      Sleek blue Alpine A390 electric SUV with distinctive headlights, parked on a reflective surface before a city skyline at d...

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Property market

  • Zoopla bets on house envy as Brits snoop on neighbours’ property prices

    Property

    Zoopla, the UK’s second-largest property portal, has cashed in on Brits’ house envy as it pivots towards serving existing homeowners who want to snoop on the value of other people’s homes.  New chief executive Paul Whitehead has pushed the property site away from an emphasis on transactions, instead hoping to woo homeowners who use the [...]

    Picturesque English village street with stone cottages and colorful flower boxes, leading to a bend in the road.
  • House prices remain sluggish in ‘subdued’ property market 

    Property

    House prices continued their sluggish run in August, gaining just 0.2 per cent on the previous month, as uncertainty caused by the Iran war and the upcoming Budget in October weigh on the market.  The average UK house price grew by 1.6 per cent to £275,465 in the year to August, marking a slight improvement [...]

    Real estate signs: a yellow SOLD sign and a blurred green FOR SALE sign, indicating house prices and market activity.
  • HMRC mansion tax inspectors to target homes for property valuations

    Tax

    HMRC will send mansion tax inspectors to homes across the UK to determine whether homeowners should pay more tax under the new levy. The taxman will deploy valuation agents who will be able to demand entry to properties in order to assess whether they are worth over £2m and therefore fall under The High Value [...]

    Prime property in the UK capital has been in a slump over the past decade
  • 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 [...]

  • Winkworth delays legal drama for a month after family feud

    August 12, 2026

    The family which runs City estate agent Winkworth has agreed to halt its legal spat for at least a month after chair Simon Agace and his wife tried to oust the company’s board, including Agace’s son. The AIM-listed company, run by chief executive Dominic Agace, launched legal proceedings against its chair last week after he [...]

  • PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move

    August 7, 2026

    The current headquarters of Big Four giant PwC at 1 Embankment Place is set to be transformed into a “sustainable workspace” in a bid to attract and retain major firms as renters, as it awaits planning permission. City-based property and asset management firm Bridgemont said on Friday it has submitted a planning application to Westminster [...]

  • 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 [...]

  • 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 [...]

  • 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 [...]

  • Would a Burnham premiership deepen the North-South housing divide?

    July 2, 2026

    The UK housing market remained subdued in June, as fallout from the Iran war and long-running cost and regulatory issues continued to plague the sector, but as we enter what promises to be a sizzling summer all eyes are on a possible recovery. Specifically, Manchester – from where the King in the North has emerged [...]

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