Soaring motor fuel costs have pushed UK inflation to a five-month high in AugustFull story: UK inflation rises to 3.1% as motor fuel prices jump by almost a quarterWorryingly, the cost of goods produced by UK factories r
House prices are continuing to drop in London, even as rents in the capital (and beyond) rise again. The average property price in the capital fell by 3.3% year-on-year in July – the eleventh consecutive drop, and the lowest annual rate since January 2024. The Office for National Statistics reports that “Inner London particularly affected” and that the average house price in London is now £19,000 below the recent peak in July 2025, at £569,000.
Overall, the average house price for England was £293,000 in July, up by 1.1% (£3,000) from a year earlier, the ONS reports.
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