4 h. ago Business news live: Trump delays end of trade tariff pause and surprise June house prices data

Stock markets updates and business news from Monday

Economics

7 h. ago Across Europe, the financial sector has pushed up house prices. It's a political timebomb | Tim White

We’ve been living in a great experiment: can finance provide basic human rights such as housing? The answer is increasingly no“The housing crisis is now as big a threat to the EU as Russia,” Jaume Collboni, the mayor of Barcelona, recently declared. “We’re running the risk of having the working and middle classes conclude that their democracies are incapable of solving their biggest problem.”It is not hard to see where Collboni is coming from. From Dublin to Milan, residents routinely find half of their incomes swallowed up by rent, and home ownership is unthinkable for most. Major cities are witnessing spiralling house prices and some have jaw-dropping year-on-year median rent increases of more than 10%. People are being pushed into ever more precarious and cramped conditions and homelessness is rapidly rising. Continue reading...

Events

3 d. ago Edinburgh house prices jump 4% but one area of capital sees 13.9% slide

“The property market across Edinburgh, the Lothians, Fife and the Borders continued to demonstrate resilience” – Paul Hilton, ESPC

Politics

3 d. ago The 13 areas of Scotland where house prices are rising fastest, including one where value has shot up by 17.8%

The areas of Scotland where house prices are rising fastest have been revealed - with one place way out in front.

Politics

3 d. ago Budapest’s young people are joining the ranks of generation rent | Csaba Jelinek

Sell-offs of public housing and the right’s promotion of home ownership has left too many unable to afford accommodationCsaba Jelinek is an urban sociologist based in BudapestWhen I left my family home to study at university in 2007 and moved to downtown Budapest, housing costs were hardly a topic of conversation among my friends. I rented rooms in centrally located flats for £80-£100 per month. Fast forward to 2025 and a similar room in a shared flat would set you back at least £200 – double the price of 15 years ago. Talk to anyone in their 20s in Budapest today, and the deepening housing crisis will inevitably come up as one of the defining struggles of their lives.The statistics paint an equally grim picture. Between 2010 and 2024, Hungary saw the largest increase of the housing price index among EU member states. While the EU average rose by 55.4%, Hungary’s housing price index rocketed by 234%. Meanwhile, per capita net income only grew by 86% in the 2010s. Budapest, the capit...

Politics

3 d. ago Denny's and Waffle House remove egg surcharges as prices fall

Denny’s and Waffle House have removed surcharges that the two restaurant chains added to their menus when U.S. egg prices spiked earlier in the year

Politics

3 d. ago Ofsted chief inspector apologises for short notice on school inspection reforms

Sir Martyn Oliver suggested that positive Ofsted ratings can raise local house prices by thousands of pounds because parents ‘value’ them.

Politics

3 d. ago Ofsted boss reveals why controversial new school rating system could affect house prices

Sir Martyn Oliver said Ofsted ratings can change local house prices by tens of thousands of pounds, because parents 'value' them so much.

Economics

5 d. ago House prices see biggest monthly fall since 2023 as buyers demand big discounts

A hike to stamp duty bills, a rush of homes for sale and a squeeze on household finances have all contributed to the recent decline in the property market.

Economics

5 d. ago What it now costs to buy a home in every UK region as house prices dip

The average house price across the UK in June was £271,619, according to Nationwide

Economics

5 d. ago Fed chair Jerome Powell blames Trump tariffs for failure to cut US interest rates this year – business live

Rolling coverage of the latest economic and financial newsUS dollar has worst first half in more than 50 years amid Trump tariffsSainsbury’s has recorded its strongest growth since last summer after its Argos chain recorded a big step up in sales as shoppers sought out paddling pools and fans during recent hot weather.The retail group said Argos, its catalogue shop, was able to achieve growth of 4.4% in the three months to 21 June, up from 1.9% in the previous quarter. Comparable group sales, excluding fuel, rose 4.7% on a year earlier.Companies have now expanded production slightly for the fourth month in a row, order intake has ceased to fall, and slightly longer delivery times also indicate that demand is picking up a bit.Against the backdrop of numerous uncertainties - US tariffs, the crisis in the Middle East, and Russia’s ongoing war against Ukraine - this can certainly be seen as a sign of resilience. Continue reading...

Politics

6 d. ago Average UK house price dipped by 0.8 per cent to £271,600 in June

The softening in price growth may reflect weaker demand following stamp duty rises at the start of April

Economics

6 d. ago Business news live: Government faces criticism for Cash ISA cuts and UK house price growth slows

Stock markets updates and business news from Monday

Economics

6 d. ago UK house prices fell in June; London stock market celebrates best first half to a year since 2021 – business live

UK house prices fell in June; London stock market celebrates best first half to a year since 2021 – business live  The Guardian

Economics

6 d. ago King scraps Royal Train as full cost of monarchy and family is revealed

New figures show how much the Royal Family cost last year - with prices for helicopter travel, foreign visits and running households

Politics

7 d. ago Warning for sellers as one in five homes sits on market for six months

Sellers ‘may have to wait a long time’ to achieve their desired price

Events

7 d. ago Why Wigan, Blackburn and Falkirk are the new house price hotspots

House prices are going up fastest in places where the average property costs less than £2,000, data shows.

Events

7 d. ago Are rents affordable in Amsterdam? Not if you are a newcomer | Amber Howard

The city was once the pinnacle of inclusivity, with working- and middle-class people alike living in social housing – then the private landlords arrivedIn this series, writers discuss the causes of – and solutions to – the housing crisis in key European citiesWhen I moved to Amsterdam, I felt incredibly lucky to find an illegal six-month sublet 15 minutes by bike from the centre, secured through a friend of a friend. The cost was €1,000 a month – a bargain by market standards but still well over double what my downstairs neighbour, Henrika, paid under the lifelong social housing contract she had obtained four decades earlier.In the intervening years, Amsterdam had shifted from a pinnacle of inclusivity and progressive housing politics to one of Europe’s most unaffordable markets. In the last year, Dutch house prices have surged by more than 10%, homelessness has risen by more than 20%, and rents in the private rental sector have climbed by more than 7%.Amber Howard is a researcher i...

Events

7 d. ago Households urged to send in meter readings ahead of energy price cap drop

Ofgem’s energy price cap will fall by 7% from July 1, meaning a drop of £129 to £1,720 per year for the typical household bill.

Politics

7 d. ago Huge number of houses now languishing on market for over six months

Survey reveals a growing disconnect between seller expectations and market realities

Politics