Cut stamp duty to reap £4bn windfall, Berkeley urges Healey October 6, 2026 One of Britain’s biggest housebuilders has urged John Healey to slash stamp duty on newly built homes, in a move which it says would hand the Treasury a £4.2bn windfall. In its Budget submission, London-listed Berkeley Group told the Chancellor that urgent action was needed to prevent the housing market from “sliding over an economic [...]
Monument Bank boss: Wealthy Brits in ‘fear’ ahead of punishing Budget October 5, 2026 Wealthy Brits are in a state of “fear” ahead of the forthcoming Budget, according to a London bank chief, as economic turmoil and speculation of more punishing tax raids ramp up. Ian Rand, the boss of Monument Bank, said affluent Brits were raising concerns over “certainty” and “getting things wrong” when attempting to protect their [...]
Office cycle racks face the chop as workers opt for e-bikes October 5, 2026 City developers have hailed the Mayor of London’s plans to water down the amount of bike rack space new offices need to provide, arguing that the shift to e-bikes makes these requirements redundant. The London Property Alliance (LPA), which represents hundreds of developers in the City and central London, has welcomed proposals to cut down [...]
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 [...]
Land shortage leaves Nato defence targets at risk, Streeting warned September 29, 2026 The UK risks falling short of Nato defence spending targets unless it immediately slashes planning red tape to address its land shortage, the government has been warned. Demand for defence-related industries and logistics space is set to surge to 32m sq ft by 2033 if the government meets Nato’s defence spending targets. The UK is [...]
Housebuilder shares rocket after Burnham revives Help to Buy September 28, 2026 Housebuilder shares have soared after the Prime Minister announced a new Help to Buy scheme, which it is hoped will boost the UK’s construction sector. FTSE 100 housebuilders Persimmon and Barratt Redrow jumped 15 and 13 per cent in early trading, lifting the blue-chip index to early gains. FTSE 250-listed Vistry took the biggest jump [...]
I’m a property developer – here’s why I’m still building in London September 25, 2026 Today’s housing market is hampered by higher interest rates, build cost inflation, weaker sales and headlines about war in the Middle East and Ukraine. But residential development has always been about managing cycles: with many projects taking more than a decade from conception through planning, construction to handing over the key to new homes. Property [...]
Ministers back City skyscraper plans after Tower of London row September 24, 2026 Ministers have given the greenlight to plans that will allow skyscrapers to be built in the area surrounding the Tower of London, ruling that proposals set out by the City of London corporation will do enough to protect the site’s Unesco status. Housing minister Matthew Pennycook said on Thursday he will withdraw his objections to [...]