Storage firm Big Yellow weighing ‘all options’ after sale pressure from investor October 15, 2026 Big Yellow has told shareholders it is keeping “all options” under review after the self-storage firm’s biggest investor told it to put itself up for sale. The FTSE 250 group said it “recently” met with a shareholder who “is encouraging Big Yellow to explore a sale”. Earlier this week, Ancora Alternatives, an Ohio-based activist investor, [...]
Bellway warns revived Help to Buy scheme could slow housing market October 13, 2026 Bellway has warned the government’s revival of the Help to Buy scheme could further slow the housing market in the near term by encouraging housebuyers to delay decisions. The FTSE 250 housebuilder said Labour’s new equity loan scheme, Your First Home, is a “welcome development” but cautioned it will not immediately solve the UK’s housing [...]
Healey rules out expanding mansion tax to £1.5m homes October 11, 2026 John Healey has ruled out widening Labour’s so-called mansion tax to cover homes worth £1.5m, following warnings that the tax change would hammer middle-class homeowners in the capital. The Chancellor had been considering widening its council tax surcharge to cover homes valued at £1.5m or more, as the Treasury seeks extra revenue to fund cost [...]
Badenoch’s inheritance tax gamble October 8, 2026 The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the biggest stories in the City straight into your inbox every lunchtime. Today, Ali Lyon chews over Kemi Badenoch’s Tory conference inheritance tax overhaul, and what it might mean for the UK’s irrational tax system. Sign up to the [...]
House prices fall faster in London as property market stays ‘subdued’ October 7, 2026 House prices in London fell at a faster rate last month, as homeowners in the capital continue to bear the brunt of the property market slowdown caused by the Iran war. The average house price in London fell by 2.2 per cent to £531,548 in the year to September, according to the Lloyds house price [...]
London is running out of development land for sport teams to build stadiums on October 2, 2026 One of London’s greatest assets is its varied and wide-ranging sports scene; six Premier League football clubs, many further down the pyramid; iconic rugby, tennis and cricket grounds; indoor arenas as far as the eye can see. But with success comes a desire to expand and grow. Chelsea are actively assessing options for a new [...]
Hundreds of investors hit Home REIT with High Court claims October 1, 2026 Hundreds of current and former shareholders in Home REIT have launched High Court proceedings against the scandal-hit property firm in a bid for compensation, accusing it of misleading investors and negligently misrepresenting its operations as a company. Over 800 shareholders have hit the former London-listed social housing company with a claim for losses they allege [...]
Winkworth launches board review as family feud rocks London estate agent September 30, 2026 London estate agent Winkworth has launched an independent review of its board as it battles to contain the fallout of a boardroom family feud involving the firm’s its chief executive and his father, the chair. The AIM-listed firm, which is one of the UK’s oldest estate agents and specialises in properties in the City in [...]
US law firms outpace London rivals in race for larger City offices September 18, 2026 American law firms with offices in London are taking up more space than their homegrown rivals as they push to aggressively expand. Since 2020, more than 70 per cent of the 22 legal firms relocating office in London took up more space as they expanded headcount, with 14 of those US companies, according to new [...]
London house price slowdown worsens as luxury areas lose value September 16, 2026 House prices losses in London accelerated in June as the capital’s most sought-after postcodes shed value again. The average house price in London dropped by 3.3 per cent in July to £550,000, worse than June’s 2.5 per cent fall, according to the Office for National Statistics (ONS). The capital’s most affluent postcodes have suffered sharp [...]