London Local Elections 2026: Who will win in Ealing? May 6, 2026 Voters are heading to the polls in the Labour stronghold of Ealing, against a backdrop of controversial developments, an increasingly split electoral map, and a hike in council tax. In the West London borough of Ealing, Labour is defending one of its strongest majorities in London at this latest set of local elections. Back [...]
MJ Gleeson warns building cost inflation prompting ‘high caution’ May 1, 2026 Housebuilder MJ Gleeson has sounded the alarm over building cost inflation, prompting “higher than usual caution” over its finances. The London-listed firm said on Friday: “We have recently seen some softening in footfall and reservations, and limited increases in the cost of some materials.” The effective blockade to the Strait of Hormuz caused by the [...]
Delay fuel duty hike or risk stalling major transport projects, Labour warned May 1, 2026 The government risks stalling key road and rail infrastructure projects unless it extends the freeze to fuel duty, a leading construction industry body has warned. The Construction Plant-hire Association (CPA), which represents more than 2,000 firms providing construction machinery and expertise, told City PM “nothing will get built” if its members pull back from projects [...]
Persimmon: Housebuilder sounds alarm over building cost inflation April 30, 2026 Leading housebuilder Persimmon has sounded the alarm over rising supply costs due to the Iran war as demand begins to soften. The housebuilder, one of the UK’s largest, said on Thursday it is beginning to see inflation in its supply chain, which it said could impact its finances as soon as the second half of [...]
Taylor Wimpey sales fall as Iran war pushes up building costs April 28, 2026 Leading housebuilder Taylor Wimpey is bracing for rising costs in its supply chain as the industry warns of soaring building inflation caused by the Iran war. The housebuilder’s warning prompted its stock to dip in early trading, pushing its share price down as much as 4.7 per cent on Tuesday. The FTSE 250 firm’s order [...]
Housebuilding stocks recover as industry reaches ‘rock bottom’ April 15, 2026 The UK’s biggest housebuilder kept to the well-rehearsed tone of gloom which has loomed over the sector in recent months, when it became the latest to pull back on spending amid the market uncertainty caused by the Iran war. FTSE 100 firm Barratt Redrow said its financial targets hold firm, but warned that the blockage [...]
‘Entirely avoidable’: Build-to-rent housebuilding slows as London planning wait doubles April 15, 2026 The construction of build-to-rent homes in Britain is in danger of grinding to a halt as the planning wait for London homes has almost doubled in this decade. The number of build-to-rent homes under construction has fallen for the ninth consecutive quarter, according to data shared exclusively with City PM. The government has pledged to [...]
Construction firms slash jobs after biggest-ever cost inflation rise April 8, 2026 Construction businesses cut jobs at a faster pace in March while the month-to-month inflation rise was the largest on record in a survey that has existed for 29 years. S&P Global said the difference in a reading for cost inflation between February and March was the largest it had ever recorded since data collection began [...]
Labour must reform biodiversity laws to boost housebuilding, trade body says April 3, 2026 Housebuilders are calling on the government to reform its biodiversity quotas for developers to lessen the costs and delays they say it causes to businesses. The Home Builders Federation (HBF), which represents the housebuilding industry, welcomed recent changes to biodiversity laws but said they do not go far enough in lifting the burden on housebuilders. [...]
Berkeley shares plummet as it ‘pulls up drawbridge’ and stops buying land April 1, 2026 Shares in leading housebuilder Berkeley plummeted on Wednesday after it paused housebuilding to protect its balance sheet against an “unprecedented increase in cost and regulation”. The firm’s share price fell by more than 17 per cent shortly after markets opened, to a decade low, leaving the stock down 28 per cent this year at 2,832p. [...]
