The Debate: Does the Renters’ Rights Act punish landlords? October 29, 2025 The Renters’ Rights Act has been described as the sector's biggest shakeup in 40 years. Will it punish landlords, or just hold rogue ones to account?
Goldman Sachs’ Solomon plays down private credit fears October 29, 2025 Top Wall Street executives have downplayed the likelihood of a private credit downturn sparking a wider economic crisis, despite a string of major lenders setting aside billions of dollars to manage potential defaults on their balance sheets. Goldman Sachs boss David Solomon dismissed the growing chorus of voices warning that tremors in the private credit [...]
HSBC shares rise as Georges Elhedery’s pivot East beats the noise October 28, 2025 HSBC’s pass through the third quarter was almost identical to the second. Despite another hefty hit to the firm’s bottom line, chief executive Georges Elhedery has quietly and effectively pushed ahead with his bold overhaul of the group. For the three months to September 30, HSBC took a 14 per cent profit beat falling to [...]
Tom Hayes sues UBS over Libor scandal October 28, 2025 Tom Hayes is suing his former employer UBS, alleging it handed him on a “silver platter” to white-collar crime prosecutors to safeguard the interests of the Swiss lender and its leadership. The former trader, who became the face of the Libor rate-rigging scandal when he was sentenced to nine years in a UK prison in [...]
Housing market stalls as ‘fearmongering about budget’ hurts confidence October 27, 2025 House price growth in the UK has slowed and sales have dropped for the first time in two years as more buyers adopt a ‘wait and see’ strategy ahead of a tax-raising Budget next month. Zoopla found that the usual Christmas slowdown has “begun six to eight weeks early”, with buyer demand down eight per [...]
Natwest shares jump after cost-cutting boosts profit October 24, 2025 Natwest stock surged in early trading this morning after the lender posted a major bump in third-quarter profit following its cost-cutting regime. The FTSE 100 giant’s operating profit before tax surged over 30 per cent in the third quarter to £2.2bn, up from £1.7bn last year. Shares were up over five per cent as markets [...]
Britain’s inflation problem isn’t global – it’s made in the Treasury October 22, 2025 Reeves can’t keep blaming the last government or global headwinds for doubling inflation – it’s a result of her own policies, says Gareth Davies When the Conservatives left office in 2024, Britain was emerging from an incredibly challenging chapter in our history. Together we navigated the pandemic, the war in Ukraine, subsequent supply-chain shocks and [...]
London flat prices slump as market gets ‘reshaped’ October 22, 2025 The price of London flat has dropped year on year as prices remain under pressure from low demand and high supply. The average price of a flat in London fell by 2.6 per cent year on year to £445,000, according to the ONS. “This is a tough time to be selling a flat,” Jonathon Hopper, CEO [...]
Housing market ‘desperately needs’ a demand boost October 20, 2025 Analysts have argued the UK’s housing market needs demand-boosting policies after the housing market missed out on its usual Autumn bounce. House prices rose 0.3 per cent month on month, to £371,422 – far below the ten-year average October bounce of 1.1 per cent, according to Rightmove. “Buyers at the higher end in particular have [...]
Rachel Reeves’ growth policies scored by City AM October 20, 2025 As Rachel Reeves does her maths ahead of the 26 November Budget, she will hope that Labour’s policies have delivered enough growth to limit the number of tax hikes needed to restore her £9.9bn fiscal headroom. The fiscal black hole facing the Treasury could be between £20bn and £30bn due to higher borrowing costs, productivity [...]