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Property

  • Councils turn to AI to boost housebuilding

    May 18, 2026

    Local councils across the country are turning to artificial intelligence to speed up the planning process, as Labour’s 1.5m housebuilding target clashes with a slowing construction sector.  A number of local authorities – including several in the capital – have either piloted or implemented AI planning tools, but housing leaders have warned that the government [...]

  • Google built the internet economy. AI is rewriting it.

    May 15, 2026

    For the last two decades, most businesses have competed for visibility. Google rankings, paid search, website traffic, marketplace positioning and social reach became the foundations of modern customer acquisition. Entire industries were built around helping brands climb search results, generate clicks and capture online demand more efficiently than competitors. That ecosystem created clear winners. Companies [...]

  • Satisfaction: Mick Jagger prevails in bid to block Battersea tower

    May 15, 2026

    Rock star Sir Mick Jagger has won a two-year planning battle to block a controversial 29-storey tower in Battersea, proving you can get what you want.  The Rolling Stones frontman had been joined by a host of stars including guitarist Eric Clapton, actress Felicity Kendall and comedian Harry Hill in opposing the development.  A planning [...]

  • Property giant Landsec bets on retail, claiming ‘no slowdown’ in consumer spending

    May 14, 2026

    Landsec, the UK’s largest commercial property developer, will shift towards retail property, defying the gloomy mood music by suggesting there is no slowdown in consumer spend. The FTSE 100 firm commands a property empire in which office rents have soared, as high building cost inflation and interest rates stifle supply, while demand heads through the [...]

  • Labour ‘failing’ renters: Brits work for 133 days to pay landlords

    May 14, 2026

    Today’s the day when Brits will finally stop working just to pay their landlords and start earning money for their own pockets, with 14 May the point in the year when the average tenant has brought in enough income to pay for a year’s accommodation.  Known as the “cost of rent day”, it now arrives [...]

  • Housing market ‘still in grip’ of Iran war slump

    May 14, 2026

    The UK housing market is “still in the grip” of an Iran war slump as higher mortgage rates and inflation fears weigh on buyer and seller demand. Brits are still holding back on buying homes as average house prices slip further, a market survey by the Royal Institution of Chartered Surveyors (RICS) has revealed. The [...]

  • Vistry shares plummet as housebuilder pauses buyback and warns on inflation

    May 13, 2026

    Shares in leading housebuilder Vistry have plummeted on Wednesday’s market open, after it warned of a “significant” profit hit and said the Iran war is spiking building costs. The housebuilding firm was the biggest faller on the FTSE 250 as its share price fell 11.5 per cent to 288p, leaving the stock down more than [...]

  • Rightmove reveals fixed-rate mortgages back over 5 per cent as house prices slip again

    May 8, 2026

    Average house price down to to £299,313 in April from £299,609 the month before A closely-watched survey from one of the UK’s biggest home loan providers has found that house prices slipped again last month. The Halifax said the prospect of higher bills at a time of rising inflation was a factor in the market. [...]

  • Grosvenor estate: Ministers don’t get ‘basic economics’

    May 7, 2026

    The Duke of Westminster’s multi-billion pound estate has chided ministers for failing to grasp “basic economics” in their bid to tackle the housing crisis. Mark Preston, who represents the business interests of Hugh Grosvenor, the seventh Duke of Westminster and owner of a Mayfair property empire, said the government risks choking housing supply if it [...]

  • Tony Travers: London local election result could trigger housebuilding slump

    May 7, 2026

    The result of the forthcoming local elections could trigger a further slump in housebuilding in the capital as a shake-up in council composition obstructs development plans. Voters head to the polls in every London borough today, with polling suggesting Labour is on course to shed dozens of seats and lose its grip on the capital, [...]

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