Is housebuilding in London impossible? Property After its 900-home development in Peckham was blocked, housebuilder Berkeley said it can “no longer invest” in London. Felix Armstrong asks whether development in the capital really has hit a brick wall At the Aylesham Centre in Peckham, south London, shoppers are met with graffitied walls, peeling paint and shuttered retail units. The site began [...]
Housing stocks drag on FTSE as inflation woes build into Bank of England interest rates call Economics Fears about the impact of interest rates on the UK’s struggling economy echoed around the City into this week’s set-piece interest rate meeting at the Bank of England. A trio of Tuesday trading updates from London-listed firms with direct exposure to the housing market revealed rising costs. The insight reverberated across an industry which depends on affordable mortgages [...]
Taylor Wimpey sales fall as Iran war pushes up building costs Property Leading housebuilder Taylor Wimpey is bracing for rising costs in its supply chain as the industry warns of soaring building inflation caused by the Iran war. The housebuilder’s warning prompted its stock to dip in early trading, pushing its share price down as much as 4.7 per cent on Tuesday. The FTSE 250 firm’s order [...]
FTSE 100 Live: Stocks dip as oil edges higher; BP posts profit boom April 28, 2026 Good morning and welcome back to the City AM liveblog. Oil returned to a three-week high comfortably over the $105 mark on Monday and those gains look set to continue today. Brent crude – the international benchmark for oil prices – edged over $110 on Tuesday morning as it once again appeared peace talks in [...]
Taylor Wimpey profit halves as Budget impacts sales March 5, 2026 The UK’s third-largest house builder saw its profits halve last year due to the cost of fire safety regulations and a regulatory settlement with the competition watchdog. Taylor Wimpey’s profit plummeted by 54 per cent to £146.5m despite revenue growing by 13 per cent to £3.8bn, in the financial year to December 2025. The group [...]
FTSE 100 Live: Airline shares fall after Wizz Air profit warning; Primark new boss March 5, 2026 Good morning and welcome back to the City AM liveblog. Global markets returned to a touch of stability on Wednesday as energy prices retreated as investors awaited the latest on the events in the Middle East. The FTSE 100 ended the day 0.8 per cent higher at 10,567.65p – still far below it’s level at [...]
Barratt Redrow and MJ Gleeson join house builder call for help: What is going on? February 11, 2026 Over the past few months, a number of house builders have called for help, after positive results were offset by the expectation that the state of the housing market would impact further growth. The builders have chorused the same warning to the government and wider property sector that further buyer recovery and support is needed [...]
FTSE 250 housebuilder Taylor Wimpey strikes fresh deal with Zoopla January 20, 2026 One of the UK’s biggest housebuilders has signed a new contract with top property website Zoopla as it seeks to boost conversion rates for its new developments. FTSE 250 constituent Taylor Wimpey said the fresh agreement would support the company with further market data and insights to enable it to obtain the best return on [...]
FTSE 100 Live: Gold surges amid Trump tensions; JLR leads growth rebound January 15, 2026 Good morning and welcome back to the City AM liveblog. Rachel Reeves’ report card for 2025 has received another dim review with fresh figures from the Office for National Statistics (ONS) showing growth came in at a sluggish 0.1 per cent in the three months to November 2025. This was led by a modest rebound [...]
Business leaders bemoan Budget uncertainty as tax hikes loom November 13, 2025 Business leaders up and down the country have poured scorn on the Chancellor after months of Budget uncertainty damaged consumer confidence and forced firms to hold off key investment decisions. Scores of chief executives, from retail to hospitality to telecoms and manufacturing, have voiced their concern over the lack of a clear fiscal plan after [...]