London house price slowdown worsens as luxury areas lose value September 16, 2026 House prices losses in London accelerated in June as the capital’s most sought-after postcodes shed value again. The average house price in London dropped by 3.3 per cent in July to £550,000, worse than June’s 2.5 per cent fall, according to the Office for National Statistics (ONS). The capital’s most affluent postcodes have suffered sharp [...]
Haldane warns Burnham on ‘tax-and-spend socialists with better TikTok videos’ September 16, 2026 Former Bank of England chief economist Andy Haldane has warned Prime Minister Andy Burnham that markets believe he is presiding over a “traditional tax and spend socialist government with better Tiktok videos”. Haldane, who advised Burnham before he returned to Westminster earlier this year, said the government’s “Achilles’ heel” was its inability to cut public [...]
Can cautious Wolfson keep stunning Next shareholders? September 16, 2026 Lord Simon Wolfson has become a shareholder darling over his 25 years in charge of Next. Felix Armstrong asks whether he can keep on surprising them. Few companies listed on the London Stock Exchange are more bound up with the personality of their chief executives than Next. Lord Simon Wolfson, the long-time boss of the [...]
Luxury gym chain Third Space muscles up with record revenue ahead of potential sale September 15, 2026 Luxury gym operator Third Space has grown its turnover by more than a third, topping £100m for the first time, as City workers flock to the upmarket health club. The gym provider notched a 36 per cent bounce in revenue to £135m in the year to December 2025, while its pre-tax profit rose by more [...]
Top UK banks to raise £50m to build payments network September 15, 2026 Britain’s biggest banks are set to kick off a fundraising campaign that will pave the way for a domestic payments alternative to Mastercard and Visa. The UK Payments Delivery Company (PDC) is launching an equity capital raise as part of a new model from the Bank of England, aligning with the Treasury’s National Payments Vision, [...]
Exclusive: Nationwide and Investec set to bid for alternative lender Aldermore September 15, 2026 Investec and Nationwide are set to bid for alternative lender Aldermore as its South African owner Firstrand fields offers for the company, City AM can reveal. London-listed Investec and building society Nationwide were both weighing bids to buy the UK bank ahead of a deadline for first round offers on Tuesday, sources said. First Rand [...]
Global city rankings: London shines but appeal ‘hurt’ by cost of housing September 15, 2026 London’s ‘quality of life’ score has been dragged down by a housing affordability crisis as workers spend more as a share of their income on housing than residents of “nearly every city in the world”, a new report has found. The latest Global Cities Index by Oxford Economics found that Londoners’ financial wellbeing was hindered [...]
Rayner warns Reform’s £72m crypto windfall could be caught by new donor rules September 13, 2026 Angela Rayner has warned Reform UK that its record £72m fundraising haul from two cryptocurrency billionaires could be caught by retrospective rules being pushed through parliament. The housing secretary said new restrictions on political donations from Britons living abroad, or those who have recently returned to the UK, would be backdated as ministers seek to [...]
Burnham 1-0 Khan: Cardiff right place for Fury vs Joshua boxing bout September 13, 2026 Cardiff is a wonderful city in which to watch sport; the Millenium Principality Stadium is one of the world’s great arenas, the adjacent Cardiff Arms Park one of the country’s most historic grounds and Sophia Gardens will always be one of the nation’s premium Test cricket hosts. Throw in the famous Chippy Lane, an often [...]
On this day: ‘I can hear you… and the people who knocked these buildings down will hear all of us soon’ September 11, 2026 On this day, 25 years ago, the world changed forever. Eliot Wilson takes us through the tragic events that happened on 9/11.