Record rent rises are an existential challenge for London’s future October 19, 2023 It shouldn’t come as a surprise to anyone who lives in London, but yesterday the capital clocked a record increase in private rental prices, with the cost of leasing a flat in the capital ticking up by 6.2 per cent in the year to September, up from 5.9 per cent in August. It is the [...]
Let’s be honest, culture wars campaigns won’t win voters in a cost-of-living crisis October 19, 2023 Australians just showed us why campaigns based on culture war issues don't work, writes Matthew Lesh
New boss pledges ‘even better’ Heathrow. But former chief’s legacy leaves more questions than answers. October 18, 2023 Heathrow's new boss pledged a "fresh start" for Europe's biggest airport this morning, as he takes charge for the first time.
Triple lock: Pensioners could be set for inflation-busting state pension rise next April October 18, 2023 Under the triple lock, the state pension usually rises each April by inflation, wages or 2.5 per cent – whichever is higher.
UK remains world’s third largest crypto economy, and biggest in Europe October 18, 2023 A Chainalysis update shows the UK remains the world's third largest digital asset economy, and the biggest throughout Europe.
Jump in business rates could be ‘final nail in coffin’ for many pubs and shops, sector warns October 18, 2023 The chief executive for UKHospitailty said the latest inflation reading and could be a “final nail in the coffin" for many businesses
Steady inflation should not set alarm bells ringing at the Bank of England — yet October 18, 2023 After the excitement of August's surprise drop in inflation, September's figures cannot help but feel a bit disappointing.
London house prices fell by 1.4 per cent in August October 18, 2023 House prices in the capital fell further in August, according to the government’s latest house price index, as higher interest rates continued to weigh on the market. Data released by the Office for National Statistics on Wednesday showed the region’s house prices fell by 1.4 per cent in August year-on-year. London’s average house prices remained [...]
FTSE 100 close: London markets dip sharply after inflation remains stagnant in September October 18, 2023 Markets were uneasy after new figures showed that inflation had not budged in September after August's surprise fall.
Marshalls expectations unchanged despite UK housing market slowdown October 18, 2023 Building products supplier Marshalls provided investors with a trading update today with a 3 per cent decline in revenue, sitting at £528m.