Truss resigns as Prime Minister
Another Tory leadership election will take place 'within the next week'.
What to read next
Truss to become Prime Minister; promises ‘bold plan’ to cut taxes
Foreign Secretary Liz Truss has beaten former Chancellor Rishi Sunak to become leader of the Conservative Party and Britain's next Prime Minister.
Boris Johnson resigns; new Prime Minister to be installed by October
It looks like a Conservative leadership race will take place over the Summer, selecting a new Prime Minister in time for the Autumn party conference.
Truss sacks Kwarteng as Chancellor; rolls back another tax cut
Jeremy Hunt has replaced Kwasi Kwarteng as Chancellor of the Exchequer.
Most read
Changing of the guard at Knight Frank’s National Country Department
‘Stan’ Matthews steps up to lead £400mn-a-year operation after 23 years with the agency.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.
Knight Frank appoints new Group CFO
'Knight Frank is primed for growth and I am looking forward to helping deliver this,' says Chris Davis.
Billionaires’ Row mansion changes hands for £30mn
Official records reveal big-ticket resi deal on one of north London's most famous addresses.
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
Non-dom exodus could be costing Treasury £4bn a year, claims top wealth lawyer
Stephenson Harwood’s James Quarmby says it’s the wealthiest departures that matter - and warns they aren’t being replaced.
‘The best projects have a soul before they have a spreadsheet’: In conversation with YOO Group founder John Hitchcox
The property entrepreneur who helped pioneer loft living and branded residences talks London’s overlooked hotspots, buyer trends, the next big shift in the sector - and the best investment he ever made.
High-profile royal mansion heading for the private rental market?
Former home of Andrew Mountbatten-Windsor has 30 rooms and is said to cost £400k-a-year to run.
‘Ever increasing taxes cannot continue’: Charles Curran on fear, flight & the changing PCL market
The Maskells boss weighs up the impact of tax uncertainty on prime London – and spots an opportunity amid the gloom.
Real Estate Legal Digest: An essential guide to the latest developments shaping the UK property market
Stay abreast of the key policies & issues impacting the real estate sector with PrimeResi's regular legal briefing, prepared by Boodle Hatfield's team of experts.
LATEST ARTICLES
US buyer lands super-prime pied-à-terre at The Whiteley
PCL buying agency sources off-market 3,000+ sq ft apartment at landmark Bayswater scheme, amid signs of 'real momentum' returning to the prime London market.
Gordon Brown: Property is already ‘taxed quite heavily’
Former PM and stamp duty architect weighs in on the wealth tax debate - and warns policymakers to be ‘very careful’ about pushing fleet-footed UHNWIs too far.
My Property Career: Quickfire Q&A with Natalie Malka
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Strutt & Parker names new regional Head of Estates & Farms
Fred Cook has returned to the firm after four years with Prime Purchase.
‘A mansion-sized exercise in mindless and needless bureaucracy’: Abrahmsohn on the High Value Council Tax Surcharge
Glentree boss takes aim at the valuation ‘cliff edges’, appeals and red tape surrounding the incoming £2mn-plus property levy.