Five reasons the UK has a housing crisis March 12, 2025 Britain's housing crisis is acute: the nation today has a backlog of 4.3m homes. Here's why.
MIPIM: Sadiq Khan hails ‘perfect time’ to invest in London March 11, 2025 Sadiq Khan has said London’s “weather has changed” as he flew the flag for the capital at a major property conference in France. The mayor of London attended Europe’s biggest real estate trade show – Le Marché international des professionnels de l’immobilier, or MIPIM – in Cannes for the first time, just two weeks after [...]
FCA clarity on defence investment and green rules welcomed by MPs March 11, 2025 MPs have welcomed a move by the financial watchdog, clarifying that defence investments aren’t constrained by green or sustainability rules. The Financial Conduct Authority (FCA) released a statement on Tuesday morning clarifying their position on sustainability and defence investments. A spokesperson said: “Our sustainability rules do not prevent investment in or finance for defence companies. [...]
How has the Eastern City BID impacted the growth of the City of London? March 11, 2025 Kate Hart, the Chief Executive of the Eastern City Business Improvement District, sat down to answer five questions with City AM.
Thames Water: Emergency loan should not have been approved, court told March 11, 2025 A £3bn emergency loan that temporarily averted Thames Water’s special administration should not have been approved, a court has been told. The Court of Appeal on Tuesday heard the terms of the agreement were “mispriced and inappropriate.” Thames Water, which serves around 16m customers in the UK, has been battling to stave off collapse amid [...]
Met Police investigating alleged ‘verbal threats’ by Reform MP Rupert Lowe March 11, 2025 A police investigation has been launched into claims of “verbal threats” allegedly made by MP Rupert Lowe. The 67-year-old MP for Great Yarmouth was suspended by Reform UK on Friday amid allegations about his conduct, which he denies. In an interview on right-wing commentator Dan Wootton’s YouTube channel, he suggested he was suspended by Reform [...]
Heathrow taps transatlantic demand in busy February March 11, 2025 Heathrow Airport said it had benefitted from a surge in transatlantic traffic as it served more than 5.7m passengers in February. The Hounslow hub said flights to and from the USA and Canada increased seven per cent year-on-year when adjusting for leap years. Its February total was also a record for the airport by that [...]
Planning bill will ‘avoid bat tunnels’, housing minister claims March 11, 2025 The government hopes its planning reforms will “avoid bat tunnels”, the housing minister has said. It comes as Labour unveiled major changes to the UK’s planning permissions system – as part of the Planning and Infrastructure Bill – with measures to overhaul how developers meet environmental obligations, replacing site-specific schemes with a general fund. Speaking [...]
Unilever rushes to sell underperforming food labels as it focuses on ‘power brands’ March 11, 2025 Unilever will speed up the sale of its underperforming labels and focus on its 30 power brands, according to its chief executive. Fernando Fernandez said the FTSE-100 company would act at a “faster pace” and that the firm has around €1bn (£840m) of brands in its Foods Europe division, which “don’t fit well” with its company’s portfolio. [...]
Boohoo rebrands as Debenhams in shift to a marketplace model March 11, 2025 Boohoo will rebrand to Debenhams as it shifts to a marketplace model to house its brands in the first phase of its turnaround plan. Shares in the company dropped just over three per cent on the news. The Manchester-based company has been struggling with low sales for its youth brands—Boohoo, PLT, and MAN—posting a pre-tax [...]
