Main image: UK GDP growth, Quarter 1 (Jan to Mar) 2005 until Quarter 2 (Apr to June) 2020
Government considers postponing the Autumn Budget as the UK falls into recession
As the UK officially enters a recession for the first time since the Global Financial Crisis, contingency plans are being laid to push back planned tax hikes if a second wave of the Coronavirus hits.
Westminster’s voluntary taxation experiment falls flat
Three months after council launches innovative 'community contribution' scheme, new figures reveal that only 2% of high-end homeowners have actually put their hands in their pockets...
By PrimeResi
Required Reading: The Budget 2018 for HNWIs & business owners
Mishcon de Reya's expert team breaks down Philip Hammond's last pre-Brexit Budget, highlighting key policy changes for affluent individuals, property owners and entrepreneurs
By PrimeResi
Javid confirms Budget 2020 date: Wednesday 11th March
The new Government's first Budget will be delivered on 11th March 2020; it will "usher in a decade of renewal" says Chancellor Sajid Javid.
By PrimeResi
Most read
Knight Frank rolls out new commission and pay structures
‘Significant evolution’ across estate agency business includes new performance incentives, as 130-year-old firm looks to 'provide visibility over earning potential'.
Ranked: Britain’s top 10 prime & super-prime property agencies by market share
Savills leads for £1mn+ listings, but is just pipped by Knight Frank in the super-prime arena, according to a specialist marketing firm's analysis.
By PrimeResi
St John’s Wood Square marches towards launch, hitting major construction milestone
The former barracks site in NW London is being transformed into a 120-home super-prime scheme by a team led by Sir George Iacobescu.
Knight Frank doubles down on super-prime lettings amid ‘surging’ top-end demand
Agency appoints new Co-Head of Super Prime Lettings for PCL as globally mobile UHNWIs continue to drive activity above £5,000 per week.
Rich List 2026: Britain’s 50 wealthiest property tycoons
Annual rundown of Britain’s richest families and individuals puts combined wealth at £784bn - up slightly on last year - but shows more UHNWIs are now based overseas.
Battersea tower decision ‘extremely disappointing’, says developer
Appeal dismissed over controversial Farrells-designed scheme beside Battersea Bridge; Rockwell laments rejection of ‘great addition to London’s skyline’.
Government unveils detailed blueprint for new high-value homes levy
Consultation sheds light on how England’s so-called ‘mansion tax’ could work in practice - including key timelines and a potential premium for overseas owners.
After Starmer: Becky Fatemi on the property stakes in Labour’s leadership contest
The UK does not need to be the lowest-tax country to attract wealth, but it does need to feel steady, warns luxury brokerage chief as buyers & sellers brace for renewed uncertainty.
By Becky Fatemi
Rare super-prime penthouse deal closes in NW London
Phillips Harrod & UK Sotheby’s collaborate on one of the biggest apartment sales across NW1 and NW8 in recent years.
In Pictures: 1930s Wentworth ‘masterpiece’ hits the market at £15mn
The Oliver Hill-designed Cherry Hill is one of the most significant private homes on the exclusive Surrey estate, say agents
LATEST ARTICLES
Prime London asking rents ‘likely to rise’ after Renters’ Rights changes
Average rental values fell by 1% in April, reports LonRes - but impact of sweeping reforms on pricing 'remains to be seen'.
My Property Career: Quickfire Q&A with Lucie Hirst
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Property investors seem bullish despite a ‘volatile’ rental sector landscape
'Landlords are adapting to a more challenging environment by becoming more selective, more operationally disciplined and more focused on scale,' says Handelsbanken.
By PrimeResi
Mandarin Oriental to launch branded mansions in Abu Dhabi
Luxury hotelier is working on 35 stand-alone residences in the grounds of the Emirates Palace hotel.
By PrimeResi
Prime London sales market picks up as under-offers turn into transactions
Latest LonRes analysis suggests buyer activity is improving and agents are feeling more positive, though vendors are still facing tough competition.