House prices stay flat in June as Iran war fallout continues to weaken the market July 1, 2026 UK house prices were flat in June as the conflict in the Middle East and looming political uncertainty continue to subdue consumer confidence. The average price fell £540 in June, hitting £277,484. This was a slight drop from £278,024 the prior month where prices fell 0.6 per cent, according to the latest Nationwide house price [...]
Businesses confidence slumps as Burnham prepares for power July 1, 2026 Ministers must prioritise delivery over “changes in the machinery of government” if business confidence is to recover, one of Britain’s top lobby groups has said, in a warning to Andy Burnham as he prepares to shake-up Whitehall and shift power to the North of England. In its monthly business confidence survey, the Institute of Directors [...]
Lloyds accused of debanking left-wing media outlet The Canary June 30, 2026 Lloyds Banking Group has been accused of debanking the left-wing news website The Canary in a move that has left the media outlet with “barely any funds”. The bank was slammed by the media firm on Tuesday for allegedly “withholding a substantial amount of our money” and debanking them after nearly a decade of use. [...]
Are we about to see one of the biggest shifts in monetary policy since the financial crisis? June 30, 2026 Chair Kevin Warsh believes the Federal Reserve should offer forward guidance, arguing that promises about future policy quickly become shackles around a central bank’s neck. He could be about to get his way, says Helen Thomas As the first half of the year draws to a close, the world’s leading central bankers gather this week [...]
Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers June 30, 2026 Seven of Britain’s largest housebuilders are facing a class action lawsuit worth a potential £4.5bn in damages over allegations they overcharged 700,000 buyers of new-build properties. Mark McLaren, former parliamentary and legal affairs manager at consumer group Which?, is planning on launching the claim against FTSE 100 firms Barratt Redrow and Persimmon, FTSE 250 companies [...]
‘Corbyn was spot on’: The radical MP shaping Burnham’s economic agenda June 29, 2026 Miatta Fahnbulleh is one of Andy Burnham’s key confidants, spearheading his agenda on energy, devolution and the cost of living. Policies the MP for Peckham has previously endorsed suggest the country is in for a sharp leftward lurch, writes Ali Lyon. The red wall had been demolished. Boris Johnson, imperious. And Jeremy Corbyn’s Labour movement [...]
Bank of England chief economist ‘not trying to be a troublemaker’ on rates split June 29, 2026 The Bank of England’s chief economist has warned fellow policymakers over the risk of becoming “complacent” towards the cost of living as he defends his recent calls to hike interest rates. Huw Pill, a member of the central bank’s Monetary Policy Committee, has voted twice to increase rates to 4 per cent in the committee’s [...]
Whoever’s our next PM, please let the City help you June 28, 2026 No matter who inhabits 10 and 11 Downing Street, the City Corporation is ready to help drive growth, writes Chris Hayward.
From stamp duty to the triple lock, Andy Haldane says bold Burnham leadership can usher ‘vibe change’ for UK economy June 26, 2026 Andy Haldane is pressing for a radical shake-up of the UK’s tax and wider economic systems as he heaped praise on the Prime Minister-to-be Andy Burnham for having the potential to bring a “change in vibe” across Britain. Haldane, who is advising Burnham on economic policies and growth, urged the country’s next leader to be [...]
Burnham adviser floats higher tax on pension funds’ overseas investments June 25, 2026 One of Andy Burnham’s economic advisers has warned of ‘foreign raiders’ snapping up Britain’s most promising start-ups as he suggested the government should more heavily tax domestic pension funds investing overseas. Andy Haldane, the former Bank of England chief economist who is now the president of the British Chambers of Commerce (BCC), said tax reliefs [...]