“Interest rate rises are also impacting the rental sector and combined with looming reforms proposed in the government’s Renters (Reform) Bill, landlords are increasingly deciding to leave the sector and sell up property, causing further constraints to lettings supply,” said RICS senior economist, Tarrant Parsons.
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Bank opens door to August interest rate cut
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The Bank of England has opened the door to cutting interest rates in August in what would be the...
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Metal, money, mystery: How Sanjeev Gupta built his empire
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That commitment is guaranteed by the Scottish government, which in return receives a fee and security over Gupta assets,...
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Four ways Elon Musk might change Twitter
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Jamie Moles, senior sales engineer at cybersecurity firm ExtraHop, says that while removing the Twitter bots seems like a...
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BT faces £600m lawsuit over ‘historic overcharging’
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“Ofcom, which has a statutory duty to stop consumer abuses, could have done the same for these customers. Instead,...
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Is social media worth paying for?
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“If everyone is having to pay, you’ll have far fewer people using it – so there will be less...
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Stamp duty change expected to spark homebuying rush
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Home sales will “jump” at the beginning of next year as people try to buy before the rise in...
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Shoppers shun Christmas sales as footfall drops amid Covid fears
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But Jace Tyrrell, chief executive of the West End Company, which represents shops, hotels and restaurants in central London,...
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Moss Bros considering closing stores in rescue deal
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Image copyright Getty Images Suit maker Moss Bros, which has 125 stores, is considering shutting shops as part of...
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