Two sisters share their story of moving into a Shared Ownership property with SNG Homes September 24, 2025 Sisters Josephine and Baaba Oppong-Bimpeh moved into SNG Homes’ Icon Shared Ownership development in North London’s Burnt Oak in 2024 We purchased a 25% share of a ninth-floor apartment at Icon for £151,000, meaning we needed just £15,000 for our deposit. Buying through Shared Ownership provided a route onto the property ladder for us. The [...]
Generation ‘locked out of home ownership’ in UK housing crisis September 24, 2025 The ‘stark’ affordability crisis facing Britain’s would-be homeowners is locking a generation out of the market, according to a new report. The research – created by Skipton Building Society in partnership with Oxford Economics – finds 98 per cent of adults living with their parents cannot afford to buy a house in their local area. [...]
Time for politicians to come clean about the pensions triple lock September 24, 2025 It is becoming devastatingly clear that public clear that public spending is on an unsustainable path, and while much focus is on welfare reform, we need to start saying the unsayable on the pensions triple lock too, says Simon Clarke How do you earn permission to say the unsayable in a democracy? That’s the exam [...]
Don’t rule out another rate cut this year September 23, 2025 Many are assuming the Bank of England will hold rates for the rest of the year. But scratch the surface and there is a case for another move before year-end, says Martin Beck Most analysts reckon the Bank of England is done cutting rates in 2025, a consensus reinforced by the Bank’s decision today to [...]
Housing in London now classed as unaffordable at every income level September 18, 2025 London housing has been officially classed as unaffordable for every income decile in a ‘pretty grim’ picture of the housing market. New data from the Office for National Statistics (ONS) shows that the average English home costs 7.9 times the average salary. If you live in London, conditions are far worse: Someone earning an average [...]
Autumn budget and inflation worries drag down consumer confidence September 18, 2025 Consumer confidence slumped in September as concerns about the state of the UK economy and the possibility of higher taxes weighed on Brits’ minds. Expectations of the state of the overall economy worsened to -36 in September, down from -32 in August, according to the British Retail Consortium. Brits’ personal financial situations also slipped to [...]
Housing market ‘demonstrating remarkable resilience’ ahead of Autumn Budget September 17, 2025 House prices ticked up in July as Brits still showed a ‘good appetite’ for home ownership despite affordability challenges and uncertainty ahead of the Autumn Budget. Average house prices increased 2.7 per cent to £292,000 in England, two per cent to £209,000 in Wales, and 3.3 per cent to £192,000 in Scotland in the 12 [...]
‘Exhausting’ house buying process damaging the economy, says Santander September 17, 2025 The UK’s outdated house buying process and rate of failed transactions are costing the economy at least £1.5bn a year, one of Britain’s biggest high street banks has warned. According to a report from Santander UK, over half a million failed housing transactions are costing consumers £560m directly, with some costs, including the costs of [...]
Scrap quarterly reporting for listed companies, Donald Trump says September 15, 2025 President Donald Trump has called for an end to quarterly reporting for US-listed companies in what would be one of the biggest shake-ups to financial markets seen in years. The US president said companies should “no longer be forced” to report results on a quarterly basis and instead report on a six month basis, emulating [...]
Coco di Mama bets on meal deals as it launches in Tesco September 12, 2025 Coco di Mama has announced the launch of a range of freshly made Italian sourdough sandwiches in Tesco’s premium meal deal as it bets on the grocery market. The launch follows a “hugely successful” debut year in retail with its range in Sainsbury’s’ £5.50 meal deal. “Capital-light, fast-growing channels,” are the focus of the brand at [...]