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 [...]
Global bond sell-off: Headache for Healey as gilt yields top six per cent October 1, 2026 The yield that the UK government pays on its 30-year government bond rose above six per cent for the first time in this millennium, putting Chancellor John Healey in a collision course with markets. Long-term gilt yields, which determine the size of UK government borrowing costs, skimmed 6.04 per cent in the early hours of [...]
UK house prices fall at fastest rate since May as mortgage rates weigh on demand October 1, 2026 UK house prices fell at their fastest pace since May as expensive mortgages and uncertainty ahead of the Autumn Budget fuelled caution among buyers. Prices fell 0.2 per cent during September, faster than economists had expected and reversing August’s 0.2 per cent increase, according to data from Nationwide. The average UK home was valued at [...]
As it happened: FTSE 100 rocked by global bound rout; Oil back over $100 October 1, 2026 Welcome back to the City AM liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. Here’s a look at some of our top headlines: The liveblog has ended.No liveblog updates yet. Load more
Britain may not be facing economic apocalypse, but it looks that way October 1, 2026 Despite a challenging economic landscape marked by rising inflation and borrowing costs, the UK economy demonstrates unexpected resilience and potential for recovery, says Daniel Mahoney It is fair to say the economic landscape looks bleak. Brent Crude is hovering around $100 a barrel and rising gas prices are set to drive up inflation. Meanwhile, markets [...]
Why Burnham’s housing revolution won’t work October 1, 2026 Despite giving a passionate defence of everything home ownership can give to a family, Burnham’s actual policies do alarmingly little.
The huge costs facing Andy Burnham – and the financial tightrope he must walk October 1, 2026 Andy Burnham said he didn’t set out to deliver a “tub-thumping conference speech” but it was packed with huge pledges to take control over utilities and expand the state. Maurício Alencar considers just how costly his promises are in the long term – and in the next month. Andy Burnham had all the goodies for [...]
Listed companies shouldn’t be excluded from Burnham’s Scale-Up Fund October 1, 2026 Backing Britain’s future through initiatives like the Scale-Up Fund means backing its public growth companies too, writes Danny Lopez.
UK bank lending growth to fall to three-year low October 1, 2026 Growth in UK bank lending is forecast to stall in the coming years as borrowers feel the pinch of uncertain economic conditions. Lending growth is expected to slow this year to 2.9 per cent before dropping to a three-year low of 2.2 per cent in 2027, according to figures from EY. The figures mark a [...]
Bring ‘punishing’ high street taxes in line with banks, Healey urged October 1, 2026 John Healey has been urged to bring down the “punishing” tax burden facing the retail and hospitality industries, which is higher than any other sector. Hospitality businesses pay 82p in taxes for every pound and retail pays 72p, compared to the 40p paid by banks, according to new analysis by the British Retail Consortium (BRC) [...]