By: Amber Murray

Retail Reporter Amber Murray is a reporter at City A.M., covering retail, luxury and property stores. Prior to City A.M., she worked as a sub-editor for Fastmarkets and completed a Masters in Financial Journalism at City University. Please get in touch with stories/tips/coffees at amber.murray@cityam.com

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Will lower stress tests for mortgages fuel a first-time buyer boom?

June 13, 2025

Easier access to mortgages might replace the stamp duty holiday as fuel for the starter homes market, with prices forecast to soar if affordability improves. The average price paid by a first-time buyer grew by 2.1 per cent in the first quarter and by 7.1 per cent year on year, according to government data. While [...]
PHP sweetens Assura bid amid ongoing contest with KKR

June 13, 2025

Primary Health Properties (PHP) has offered a number of concessions to Assura as it fights to beat private equity giant KKR in its bid for the real estate investment trust. PHP, which has already made a number of bids for Assura – the latest at 51.7p per share, or £1.68bn – pledged to lower Assura’s [...]
Retail footfall dips in May despite higher consumer confidence

June 13, 2025

Retail footfall dropped in May amid a wider slowdown in consumer spending despite higher consumer confidence, according to new data. Total UK footfall fell by 1.7 per cent in May year on year, down from a 7.2 per cent rise in April, according to new figures from the British Retail Consortium (BRC). Footfall at shopping centres and on [...]
Bedding in: Would you sleep in the office?

June 13, 2025

Flexible workspace provider Office Space in Town (OSiT) has launched five bedrooms at its Monument site. The company said it has noticed “increasing numbers of commuters wanting to play late in the city and skip the morning rush hour.” Employers have long been searching for new and innovative ways to bring their staff back into [...]
UK housing market: ‘Not fixed, but less broken’

June 12, 2025

Decades of underinvestment, underbuilding and overegulation have clobbered the housing market. The UK is now short about 4.3m homes, with the worst crisis in cities. Labour, which made solving that crisis a central mission of its first year in government, has made tracks to get Britain building again – reforming planning, trying to bridge the [...]
Tesco is tightening its grip on the UK supermarket crown

June 12, 2025

Tesco has boosted market share again as it outperforms peers in the ever-more competitive UK grocery space. In its first-quarter results this morning, the supermarket giant reported a 5.9 per cent uplift in food sales and a 6.2 per cent rise in home and clothing sales. Tesco now has 28 per cent of the UK [...]
London broker upgrades landlord GPE on expected surge in prime office rents

June 12, 2025

London broker Peel Hunt has upgraded the target share price for West End property giant Great Portland Estates (GPE) as high demand for best-in-class office space is set to push up prices. GPE’s share price was 342p as of the close on June 11, but Peel Hunt brokers have set a target price of 375p. [...]
Will Reeves’ spending review make UK housing more affordable?

June 11, 2025

Rachel Reeves has made housebuilding a central feature of the government’s spending policy. The planning system has been reformed, money has been funnelled into skills and developing brownfield housing, and new towns have been announced. But this afternoon’s spending review has firmly set out the government’s commitments for the sector, and affordable regional housing is [...]
Deutsche Bank HQ crowned as Square Mile’s building of the year

June 11, 2025

Deutsche Bank’s “tour de force” headquarters at Moorgate has won the annual City of London Building of the Year Award, unanimously beating the competition. It’s the second time in a row Wilkinson Eyre has won the prestigious award, with judges lauding 21 Moorfield’s architectural and technical complexity. The award’s jury, made up of architects, experts [...]
Optimism on construction boom lifts housebuilder stocks

June 11, 2025

Shares in the UK’s major housebuilders have all risen in the past five days as news of government investment buoys the chances of a construction market boom. Vistry and Crest, which have recently boosted their focus on affordable homes, were particular winners: Vistry has risen by more than 20 per cent since June 6, while [...]

Mexico 2026 World Cup games in doubt after drug lord killing sparks violence

Britain must launch no-brainer 2038 Winter Olympics bid

This ski holiday high in the Swiss Alps has serious Wes Anderson credentials

By: Amber Murray

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