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  • Rightmove hikes dividends amid confident outlook

    Business

    Rightmove has hiked dividends after issuing a confident outlook for 2025 despite wider uncertainties in the UK housing market. The property portal unveiled a 6.1p per share dividend in its full-year results on Friday, up five per cent and taking the total payout to 9.8p. Underlying operating profit increased four per cent to £273.9m in [...]

    Underlying operating profit increased four per cent to £273.9m in the year to December 31 as revenue rose seven per cent to £389.9m.
  • Value of UK housing stock hits £9 trillion for the first time

    Property

    The total value of all homes across the UK has passed £9 trillion for the first time, according to new research by property firm Savills. After a brief slump in 2023, the UK’s housing stock grew by £346bn last year – meaning it is now more than 3.5 times the annual GDP of the UK. [...]

    Londoners spent over 40 per cent of their incomes on rent in 2024

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