Economics
CGT ‘cash grab’ could harm wider economy, warns investment firm
London Central Portfolio says Rishi Sunak should avoid being tempted by a 'short-term tactical ploy', or risk a negative trickle-down effect...
A one-off wealth tax on £1m+ households is the best way to pay for Covid-19, says think tank
"A one-off wealth tax would work, raise significant revenue, and be fairer and more efficient than the alternatives," suggests an in-depth report from The Wealth Commission.
Stamp Duty holiday deadline is ‘not a dealbreaker for most buyers’, as vaccine set to boost the property market next year
The Stamp Duty holiday "is not a dealbreaker for most buyers (especially at the top end)", says Savills, after surveying 1,300 prime property buyers and sellers.
How prime London’s property market is staging its latest comeback
Lucian Cook examines the historical and global factors that have defined the Prime Central London property market, the current conditions that are transforming the landscape, and what a post-Coronavirus…
‘Our economic emergency has only just begun’ – Government outlines new spending priorities
There was no mention of a much hoped-for extension to the Stamp Duty holiday in today's Autumn Spending Review, delivered by Chancellor Rishi Sunak.
How Covid-19 has impacted residential real estate transactions around the world
Residential property has "has so far proven one of the more resilient sectors" of the global economy, reports Savills.
Stamp duty receipts tumble by £1bn
Latest figures from HMRC show receipts from housing transactions were down 43% in Q3.
When was the best time to buy in PCL after the Brexit vote?
Research reveals the exact day on which investors denominated in a range of currencies would have achieved the maximum discount on a Prime Central London property...
£1bn added to UK economy for every 100,000 property transactions – claim
Each residential property transaction adds an average of £9,559 to the UK economy, according to some sums by Knight Frank and the Home Builders Federation.
‘What we need from our homes is changing’: How UK property markets are likely to shift in the coming years
Birmingham is tipped to be the strongest regional property market over the next five years, says JLL, as the wider UK market "shows its resilience" despite a tricky-looking 2021
Golden Postcode Opportunity: Is Prime Central London property now cheap?
Just how far have PCL prices fallen since 2014 and how much value does the area offer as an investment in comparison to other assets? Fund manager-turned-buying agent, Fraser Slater takes a look at the…
BoE keeps interest rates at 0.1%
The latest from the Bank of England's Monetary Policy Committee highlights the brutal impact of the Coronavirus on the UK's economy.