Average age of first-time buyer in London hits 35 August 12, 2025 The average age of Brits buying their first homes has surged over the past two decades as house prices have risen faster than wages. The average age of a first-time buyer in London was 31 in the mid-2000s, but it has since risen to nearly 35, according to new research from Conveyancing Solicitor. Property expert [...]
Bellway: Issues with government planning reforms cause delays August 12, 2025 Housebuilder Bellway has said local councils have found it difficult to adapt to the government’s changes to the UK planning system, causing delays in the building process. The government recently announced an overhaul of Britain’s clunky planning system, promising to unleash “seismic change” on the country’s construction process. The National Planning Policy Framework (NPPF) has [...]
Mood towards global economy remains sour August 11, 2025 Fund managers are expecting inflation to rise over the next year as the mood towards the global economy coarsens. Over 40 per cent of fund managers believe the global economy is set to weaken over the next 12 months, with US economic policy and weaker consumer demand seen as the largest forces dragging it down, [...]
Bank of England interest rate cut offers modest boost for UK SMEs August 11, 2025 The Bank of England’s recent decision to reduce its base interest rate from 4.25 per cent to four per cent marks the first time borrowing costs have fallen to this level since March 2023, offering a modest reprieve for UK small and medium-sized enterprises (SMEs) after two years of elevated rates. According to new analysis [...]
Small boats deal shows Labour’s technocrats have no clue what they’re doing August 11, 2025 Labour positioned itself as a party of technocrats, but the small boats deal shows they have no clue what they're doing, writes Eliot Wilson.
Fayder: The fan and athlete platform tackling sport’s funding problem August 11, 2025 Vwaire Obukohwo dreams of rowing for Team GB at the LA 2028 Olympics, although her more immediate concern is how she will afford her weekly food shop. Like many elite athletes, the 23-year-old from south-west London receives some central funding to pursue the ambition of representing her country on the biggest stage. But funding has [...]
Starting pay growth at slowest pace since 2021 August 11, 2025 Pay for new hires rose at the slowest pace in over four years, fresh data has indicated, in signs redundancies and higher taxes are depressing wage growth. The lack of demand among recruiters and the larger number of job seekers in the UK economy has led to starting salary inflation slowing down to its lowest [...]
Rent on newly-let homes falls for first time in five years after ‘relentless’ rise August 11, 2025 Average rents on newly-let homes have fallen for the first time in around five years, according to a property firm. Across Britain, the average rent on a newly-let property fell by 0.2 per cent year-on-year in July, marking the first annual decline since August 2020, during the height of the Covid pandemic, Hamptons said. Despite [...]
Interest rates likely to remain higher for longer August 8, 2025 Markets are indicating interest rates are set to stay higher for longer than expected after the Bank of England’s “hawkish cut” and gloomy inflation and growth forecasts shocked City analysts. Prior to the Bank’s interest rate cuts, markets had all but priced in a further 25 basis point cut by the end of the year, [...]
Gold market turmoil as tariffs and Fed governor drive prices higher August 8, 2025 The gold market was plunged into turmoil on Friday after Donald Trump unveiled a dovish new Federal Reserve governor and slew of new tariffs including hefty duties on kilo gold bars from Switzerland. The precious metal rose more than one per cent through across Wednesday and Thursday – taking the spot price above $3,400 per [...]