London’s borough councils will face a £700 million shortfall next year that would require the “toughest of tough” money-saving decisions - unless the Government increases funding for local services, cross-party group London Councils has warned.
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24th Oct 2026 | Updated at 08:44am 24th Oct 2026
YOUR FIRST HOME
For many aspiring homeowners, the biggest obstacle to buying a property is not necessarily earning enough to cover the monthly mortgage payments. It is finding the money for a deposit in the first place.
From ‘nonsense idea’ to £42m: Mother-son duo build women’s health brand
A women’s health and nutrition business whose founders were once laughed out of investor meetings has grown into a £42 million company, with ambitions to more than double sales within two years.
More than 138,000 residential and commercial properties in England and Wales are owned by offshore companies, with holdings in London worth a combined £55bn, according to a research.
Chancellor Jeremy Hunt has appointed British Indian investment expert Sushil Wadhwani as one of the four financial specialists appointed to a new Economic Advisory Council. The council will give independent advice to the government.
The Bank of England has warned the UK is facing its longest recession since records began, as it raised interest rates by the most in 33 years. It warned...
Rishi Sunak is reinstating the ban on fracking that Liz Truss controversially lifted. Answering questions, the new prime minister said he stands "by the manifesto" on fracking. The Conservative 2019 manifesto placed a moratorium on fracking...
The Bank of England looks set to raise borrowing costs by the most since 1989 next week even as it prepares for a recession that could be deepened by spending cuts under new Prime Minister Rishi Sunak. Analysts believe that BoE at its eighth...
The pound hit a six-week high as Rishi Sunak became prime minister, another sign of the markets welcoming the country's new leader. Sterling was up 1.8% against the dollar at $1.147, having risen by 1.92% to $1.150 earlier in the day - the highest...
Banks have withdrawn 60 per cent of mortgages for small-deposit borrowers since the start of the year making it more difficult for first-time buyers to enter the property market, according to new findings. The number of loan-to-value mortgages...
Prime Minister Rishi Sunak has warned of a ‘profound economic crisis’ and ‘difficult decisions’ ahead – with rumours now swirling that a range of public...
Royal Mail is set to cut as many as 6,000 jobs over the next year and there could be more redundancies ahead as the industrial dispute gripping the company shows no sign of easing.
