Latest market news
Independent UK financial coverage with full source attribution.
Everton FC put up for sale by Friedkin Group
The Friedkin Group is exploring the sale of a controlling interest in Everton FC, less than two years after completing its takeover of the Premier League club in December 2024.
US 30-year mortgage rate hits 7.49%, highest in nearly three years
US mortgage rates rose for a seventh consecutive week to 7.49% as of 7 October 2026, the highest level in nearly three years. Loan application volumes for both refinancing and new home purchases declined over the same period.
AMT Q2 2026 update — filings and holdings
AMT Q2 2026 update — filings and holdings
UK 'Your First Home' scheme announced; FTSE housebuilder shares rally
UK-listed housebuilder shares rose following the 28 September 2026 announcement of the 'Your First Home' scheme, with European equities also gaining on the day despite rising bond yields and elevated oil prices.
Heathrow third runway delayed to 2039 as Burnham withholds backing
UK Prime Minister Andy Burnham declined to endorse Heathrow's £33bn third runway, saying he would await a consultation, as the project slipped four years to a 2039 opening.
AMT Q2 2026: filings, holdings, and macro context
AMT Q2 2026: filings, holdings, and macro context
AMT Q2 2026 update — filings and holdings
SPG Q2 2026: filings, holdings, and macro context
Sainsbury's sells Argos to Swift Partners for £120m
J Sainsbury Plc has agreed to sell Argos to newly formed Swift Partners for at least £120m, with completion expected in February 2027 and full separation by February 2029.
AMT Q1 2026: filings, holdings, and macro context
Thames Water creditors holding £17bn debt prepare nationalisation legal challenge
Around 100 institutional investors holding ~£17bn of Thames Water's £21bn debt announced legal action preparations over nationalisation compensation terms, as reported 19 July 2026. No government statement on compensation terms had been reported.
Thames Water swings to profit but debt hits £19.77bn
Thames Water reported pre-tax profit of £226.4m for the year to March 2026, as net debt swelled to £19.77bn and the company warned its cash runway extends only to Q4 2026.
US existing home sales fell to 4.09M in June 2024; median price hit record $440,600
US existing home sales fell to 4.09 million in June 2024, missing the 4.20 million consensus and declining 2.4% month-over-month, while the national median existing home sales price reached an all-time high of $440,600, up 1.8% year-over-year.
Shetland Islands Council backs £1.5bn subsea tunnel plan
Shetland Islands Council voted on 30 June to advance a four-tunnel programme costing an estimated £1.5bn, approving up to £200,000 to explore financing for priority links to Yell and Unst.
UK house prices unchanged at £277,484 in June; housebuilder shares fell
UK average house prices held at £277,484 in June 2026 for a second consecutive month, with Nationwide recording a £540 monthly dip and 2.2% annual growth; housebuilder shares declined following the data release, and Barclays, Lloyds, HSBC, and NatWest were noted for their mortgage lending exposure.
UK commits £1.3bn to Universal theme park in Bedfordshire
The UK government will provide £1.3bn in infrastructure support for Comcast NBCUniversal's Universal United Kingdom Resort, a 500-acre park in Bedfordshire targeting a 2031 opening.