Nearly 30% of high-net-worth individuals from the UAE, Saudi Arabia and Qatar have invested in London property, according to the latest GCC Investment Barometer. London remains the top international city for wealthy Gulf investors despite tax pressures.
UK two-year fixed mortgage rates have surged from 4.83% to 5.83% in just seven weeks as the Iran conflict drives lenders to reprice. London buyers face hundreds of pounds extra per month at remortgage. Brokers report client panic.
Santander begins closing 40 branches from 28 April 2026, with NatWest shutting 15 by end of May. Total of 244 branches closing across Santander, NatWest and Lloyds in 2026-27.
Bank of England expected to hold rates at 3.75% at 30 April MPC meeting as Iran conflict pushes UK inflation to 3.3% in March. All 62 economists polled by Reuters forecast a hold.
After several years of high-profile departures and persistent questions about London’s attractiveness as a listing venue, the City is cautiously optimistic that the coming months could mark a turning point for the London Stock Exchange, with a pipeline of initial…
Six years after Brexit formally took effect, the contest for European financial supremacy is no longer theoretical. Amsterdam has emerged as the undisputed centre for European equity trading. Paris has established itself as the leading location for investment banking operations…
The Bank of England held its benchmark interest rate at 4.25% at its May meeting, as expected, but significantly softened its forward guidance in a shift that markets interpreted as signalling a faster pace of rate reductions over the coming…
The government announced a landmark agreement with the UK’s largest pension funds on Wednesday under which the schemes will commit to investing a minimum of £50 billion in domestic infrastructure, clean energy and growth capital projects over the next five…
Sterling climbed to its highest level against the US dollar in eighteen months on Friday, breaking through the $1.30 barrier for the first time since October 2024 as a combination of strong UK economic data and dollar weakness driven by…
London’s financial technology sector attracted a record £8.4 billion in venture capital and growth equity investment during 2025, cementing the UK capital’s position as Europe’s leading fintech hub and the third largest globally after New York and San Francisco, according…
