Reeves rent freeze: How did Chancellor turn to a Mamdani-style policy controversy? April 28, 2026 Reports of plans in Downing Street for a rent freeze came as a shock after a housing minister said Labour opposes the policy. Felix Armstrong explores why rent controls stoke so much controversy, from New York to Sweden. Rumours that Rachel Reeves is considering slapping a freeze on private rents shocked the property market on [...]
Allegion (NYSE: ALLE) Reports Q1-2026 Financial Results April 28, 2026 High-Single Digit Revenue Growth for the Enterprise; Affirming FY-2026 Organic Revenue Outlook Quarterly Financial Highlights (All comparisons are year-over-year, unless otherwise noted) Net earnings per share (EPS) of $1.59, down 7.0% compared with $1.71; Adjusted EPS of $1.80, down 3.2% compared with $1.86 Revenues of $1,033.6 million, up 9.7% on a reported basis and up 2.6% on an organic basis Operating margin of 18.9%, compared with 20.9%; Adjusted operating margin of 21.2%, compared with 22.7%
Barclays takes shot at tax speculation as UK growth forecast cut April 28, 2026 Barclays has taken a shot at the wave of tax speculation surrounding the industry as the bank trimmed its growth output for the year ahead. Fears the banking sector might be targeted for a cash grab have gathered pace following the war in Iran, amid concerns over mounting cost pressures. The Middle East conflict is [...]
CoStar Data Shows London Southern Fringe Office Leasing Reached Nine-Year High April 28, 2026 Increased activity among smaller occupiers in 2025 drove leasing volumes in London’s Southern Fringe to their highest level since 2016, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260428881126/en/ Leasing rose to [...]
Reeves rent freeze proposal dubbed ‘disaster’ for renters and landlords April 28, 2026 Rachel Reeves has fuelled rumours she is considering a rent freeze as leading economists said the policy would be a “disaster” for renters and landlords. Addressing the Commons on Tuesday afternoon, the Chancellor was asked by a Labour MP to implement a freeze on private rents. “I will do everything in my power and use [...]
Premier League growth rate swamped by American sports April 27, 2026 The Premier League’s growth rate was swamped by global rivals last year as American leagues continue to dominate revenue generation in sport. The Premier League’s $5.3bn in new revenue represented a 10-year compound annual growth rate of five per cent, but that was enough for just fourth in the Two Circles Sports IP Revenue League. [...]
CoStar Data Shows Midlands Big-Box Market Reaches Turning Point as Supply Starts to Fall April 24, 2026 Big-box warehouse supply across the Midlands has begun to fall after the turn-of-the-year peak, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260424621936/en/ Availability has fallen by around 5m sq. ft. in [...]
Brivo Announces UK Expansion, Showcases AI-First Unified Security at The Security Event April 24, 2026 In its post-merger UK debut, Brivo highlights AI-powered products, integrations, and its new London regional office to serve the UK enterprise market
FTSE 100 Live: Stocks drop as Trump in ‘no rush’ to end Iran war; Retail sales jump on fuel rush April 24, 2026 Good morning and welcome back to the City AM liveblog. Donald Trump has slapped another extension on ceasefires in the Middle East following Wednesday’s intervention, where a previous deadline was set to expire. Just days ago, Trump said he was extending the ceasefire indefinitely as the deadline for strikes on Iranian power plants drew nearer. [...]
Inflation fears push slump in demand for City offices April 24, 2026 Demand for office space in the Square Mile slid in the first quarter of the year as investors stalled decision making following the outbreak of war in Iran. Office property demand fell by 23 per cent year on year in the City of London and 14 per cent in the capital as a whole in the [...]