Volkswagen to Retain Historic Model Names as It Shifts to Electric Vehicles
German automaker says 2026 ID.2 hatchback will be branded ID.Polo, marking a move away from its 'ID' numeric naming convention
Business & Markets News
Report: Sydney average house price could reach $3.5 million by 2045
Propertyology analysis forecasts more than doubling of prices over two decades, citing long-term growth patterns and early urban development
Elon Musk could receive up to $1 trillion under proposed 10-year Tesla pay package
Board seeks shareholder approval for a plan tying compensation to long-term company targets as litigation over a prior award continues
Klarna files for second New York listing at up to £10 billion valuation
Swedish buy‑now‑pay‑later firm aims to raise as much as £950 million with shares pitched at £26–£28 after pausing earlier IPO plans
Housebuilding slump deepens, jeopardising Labour’s 1.5 million homes target
S&P Global data shows residential construction activity weakened in August as official completions fall well short of the pace needed to meet the 2029 target
British rents hit record high as landlord exits squeeze supply
Rightmove data shows advertised rents averaged £1,577 in August as tax changes, EPC costs and higher mortgage rates prompt investors to sell
City commentator warns Reeves' Budget delay risks investment and market volatility
Alex Brummer says postponing fiscal decisions until late November and reliance on a narrow pool of advisers could deepen bond-market turmoil and undermine growth plans
UK rental demand shifts to suburbs as tenants priced out of city centres, SpareRoom finds
Suburban towns including Sale, Oldbury and Bootle top a ranking of 52 UK areas with the highest competition for rooms as searches outstrip supply
Parents Face Record Back-to-School Costs as Children Request Trendy, Higher-Priced Items
Nationwide survey finds average expected spend of £329 per child — up £137 from last year — with social media and haul culture cited as drivers