Economics
Chancellor cuts VAT on energy-efficient home improvements; commits to reducing Income Tax in 2024
Energy-efficient home improvements - such as solar panels, heat pumps and insulation - will face no VAT for the next five years.
London property is over-valued by ‘as much as 50%’, warns ratings agency
Analysts predict a property market "correction" in and around the capital, as house prices detach from incomes.
Chancellor Sunak preps for Spring Statement
Rishi Sunak is due to present a "mini Budget" shortly after midday on 23rd March.
Monday Market Review: Keys figures & findings from the last seven days
Catch up on all the latest market movements in less than five minutes, featuring analysis by Rightmove, Jackson-Stops, Knight Frank, Propertymark and LonRes
Bank of England nudges interest rates up to 0.75%
The BoE's Monetary Policy Committee has raised the base rate of interest by 0.25%, to the highest level since the start of the Covid-19 pandemic.
Wealth Creation in 2022: Liam Bailey’s 11 key insights
Knight Frank’s Global Head of Research, Liam Bailey, shares his key insights from the 16th edition of the firm's flagship annual publication, The Wealth Report.
UK’s CGT bills leap 20% to hit record £12.9bn
The sharp rise was partly driven by buy-to-let property investors cashing in on the fast-rising housing market
London’s Red Squares: Exploring the capital’s hotspots for HNW Russian property buyers
"An attraction of the UK as a whole for Russian buyers was that they felt their assets were safe here," says estate agency boss Mark Pollack
Monday Market Review: 14th Feb 2022
PrimeResi's weekly summary of key property market stories and indices.
BoE raises interest rates, with more increases on the way
Bank of England projections anticipate that the base interest rate will rise to "around 1.5% by the middle of 2023".
UK housing value tops £8 trillion after record surge
2021's increase of £804 billion was the largest ever recorded, reports Savills
