Tom Bill: Middle East conflict clouds rate outlook and Budget plans

Views

Energy price shocks are lifting swap rates, complicating the outlook for rate cuts and potentially squeezing the Chancellor’s headroom, explains Knight Frank's UK resi research boss.

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.

What to read next

Views

Rising energy prices and shifting rate expectations could reshape mortgage costs and buyer sentiment, explains Knight Frank’s head of UK resi research.
Views

Markets are pricing in multiple rate hikes, but where borrowing costs go next relies heavily on a single unpredictable geopolitical risk, explains Tom Bill.
Views

The agency's resi research boss Tom Bill breaks down the likely path for policy, rates, sentiment and pricing - starting with what’s already playing out in the prime country market