Tom Bill: Companies reassess UK relocation plans due to economic squeeze

Views

Economic headwinds, rising rents and tech layoffs mean corporate relocations to London are down on last year.

Written by

Tom Bill

Head of UK Residential Research at Knight Frank

Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.

This content is available only to PrimeResi Members.

If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property.

Views

For the housing market, last week’s wage data was more significant than news of a recession, explains Knight Frank's UK resi research boss.
Views

Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher rates will reduce as the year progresses, writes Knight Frank's…
Views

Recent indicators suggest transaction volumes are rising as spring approaches but the pressure on pricing is downwards.