Economics
Bloomberg: UK builders see Brexit crisis when foreign labour disappears
Britain's construction industry "will lose access to the lifeblood of its workforce" as a result of leaving the EU, warns Bloomberg journalist Olivia Konotey
SDLT revenues drop as £1m+ sales tumble
Stamp Duty generated 6% less for the Government's coffers in Q2 2019 than in Q2 2018, largely as a result of a 12% fall in £1m+ transactions...
PwC forecasts ‘sluggish’ property price growth for the UK
UK house prices are likely to rise by a 'sluggish' 1% this year, predicts consultancy firm PwC, 'implying a 1% decline in real terms'
No-deal Brexit could knock 10% off house prices – OBR
Government's independent forecasting body suggests prices and transactions could tumble in the event of a no-deal departure on 31st October...
‘There is a relatively high risk that the UK will experience a recession in the next few years’
Britain's recession-risk has reached a ten-year high, warns The Resolution Foundation; levels last seen in 2007, just before the global financial crash...
Bloomberg rolls out a ‘Housing Bubble Dashboard’
Canada, New Zealand, Australia, Norway, Sweden and the UK are all 'vulnerable economies to a correction in house prices', warns Bloomberg
World’s wealthiest take a financial hit, ending seven years of growth
The world's wealthiest individuals lost 3% of their combined net worth in 2018; Britain's HNW set lost 6%
Charting the price of a top 1% home across the UK
'The difference in the cost of the top 1% of homes by region just might come as a surprise,' says Savills' research chief Lucian Cook
Looming global housing slump ‘could cut world growth to a decade low’
Signs of a global house price downturn are already visible, warns Oxford Economics
London needs a £4.9bn annual Government subsidy to deliver enough affordable housing
A new report indicates that London needs a massive seven-fold increase in Government funding to deliver affordable homes
New home delivery climbs by 13%
The number of EPCs issued across England jumped by 13% in the last year, says Savills, while the number of approved residential planning consents has bounced back
Build-to-Rent, student housing & retirement living present a £700bn investment opportunity says Savills
The value of the UK's "residential operational real estate" sector - combining build-to-rent, senior living and student housing - is set to quadruple, forecasts Savills, hitting £880bn once fully mature…