S&U takes ‘Margaret Thatcher’ approach as profit swells April 21, 2026 Specialist lender S&U recorded a major bump to profit in the last year as the bank said it was following the teachings of former Prime Minister Margaret Thatcher. The London-listed bank – which was founded in 1938 and once known as Sports and Utilities – posted a pre-tax profit of £31.8m in the year ending 5 [...]
‘It doesn’t work anymore’: Wealthy Brits snub UK property market in search of better returns April 21, 2026 Affluent Brits are pulling out of the UK property market at pace, the boss of a major London bank has said, as high taxes, burdensome regulation and stagnant house prices prompt investors to look elsewhere for greater returns. Ian Rand, chief executive of Monument Bank, which caters for mass affluent account holders with six figures [...]
London house prices jump by £3k as market slows April 20, 2026 The average asking price of a home in Britain rose by nearly £3,000 in April, but London’s property market is showing clear signs of strain as higher mortgage rates and a surge in supply curb momentum. New figures from Rightmove show asking prices increased by 0.8 per cent month on month to £373,971, a £2,929 [...]
UK bets on East London hub to anchor next phase of innovation April 19, 2026 The UK’s push to build a more joined-up innovation economy is increasingly being anchored in east London, where Here East has turned into one of the country’s largest multi-sector tech campuses. Set within the former Olympic press and broadcast centre in Stratford, the 1.2m sq ft site aims to bring various universities, startups, corporates and [...]
CoStar Data Shows Aire Park Driving New Rental Highs in Leeds April 17, 2026 Leeds office demand shifts south of the river to the East Quarter, 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/20260417361617/en/ While the traditional City Core remained Leeds’s dominant office location, its [...]
Dyson, JCB and Global Brands: The firms facing a break-up after Labour’s tax grab April 16, 2026 The government’s inheritance tax crackdown has sparked a wave of warnings from entrepreneurs. We list some of the biggest names to have spoken out in opposition to the changes. To most avid followers of current affairs, the Autumn Budget of 2024 will feel like a lifetime ago. Since then, Donald Trump has been elected to [...]
‘Soul destroying’: Why London’s luxury property market has taken the biggest hit in a decade April 16, 2026 It’s been almost three years since Emma first put her Kensington home on the market. With an initial asking price of just over £4m, she turned down a number of early low-ball offers before accepting one only slightly below what she’d wanted. But after months of dithering, the buyer pulled out at the last minute. [...]
CoStar Data Shows London Office Construction at Record High as NYC Sees Sharp Decline April 15, 2026 The gap between office construction volumes in London and New York City reached a record high in the second half of 2025, 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/20260415582253/en/ Over [...]
Housebuilding stocks recover as industry reaches ‘rock bottom’ April 15, 2026 The UK’s biggest housebuilder kept to the well-rehearsed tone of gloom which has loomed over the sector in recent months, when it became the latest to pull back on spending amid the market uncertainty caused by the Iran war. FTSE 100 firm Barratt Redrow said its financial targets hold firm, but warned that the blockage [...]
‘Entirely avoidable’: Build-to-rent housebuilding slows as London planning wait doubles April 15, 2026 The construction of build-to-rent homes in Britain is in danger of grinding to a halt as the planning wait for London homes has almost doubled in this decade. The number of build-to-rent homes under construction has fallen for the ninth consecutive quarter, according to data shared exclusively with City AM. The government has pledged to [...]