Property slump hits half of London as prime boroughs lead the decline Property London has a “two-speed” market, as house prices are falling in about half of London’s boroughs, with the most expensive boroughs hit the hardest. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). The data also showed that [...]
London’s largest sub-region: Why thinking locally could propel growth Opinion Comprising nine London boroughs, Local London contributes £60bn to the economy annually, yet remains overlooked, writes Anthony Okereke.
Is it high time to buy in super-prime London? Wealth London’s super-prime market has been suffering from a glut of supply in the wake of damaging decision-making from successive governments. Ali Lyon asks, is the tide beginning to turn? To take a walk down Mayfair’s historic Upper Grosvenor Street is to be confronted by a quiet, but dramatic, changing-of-the-guard afoot in one of London’s most [...]
Londoners are getting a bad deal from local government February 11, 2025 Ever rising council tax means London boroughs are better funded, yet they continue to spend beyond their means, with a £500m shortfall expected this year, says Shimeon Lee London is a city steeped in history. The governance of London is equally ancient, with the City of London dating back to medieval times. Yet while the [...]