UK Commercial Property Update RICS survey signals only a modest fall in UK commercial property values The Q3 RICS survey suggests UK commercial property values remain under pressure from high interest rates, but it does not point to a sharp downturn. While occupier and investment sentiment weakened... 29th October 2026 · 3 mins read
BoE Watch Will insurance hikes spiral into higher rates for longer? The Bank of England will almost certainly raise interest rates from 3.75% to 4.00% at its meeting on Thursday 5th November and may lay the ground for a rise to 4.25% shortly after. We don’t think this... 29th October 2026 · 8 mins read
UK Housing Market Update Budget offers little respite for housing and landlords While the Budget on 28 th October was small for housing, the surprise was the further tax hike on private landlords’ rental income from April 2027. By either directly raising rents as landlords pass... 29th October 2026 · 3 mins read
Europe Commercial Property Update Investment recovery delayed, not derailed Elevated interest rates and tightening credit standards will weigh on investment activity over the rest of this year and into early 2027. However, we expect euro-zone investment to rise by 10%-15% y/y... 29th October 2026 · 3 mins read
UK Commercial Property Rapid Response Lending to UK commercial property (September 2026) Net lending to property reached £3.20bn in September, the highest monthly outturn since March 2020, when the pandemic led to a temporary halt on loan repayments for some asset owners. 29th October 2026 · 1 min read
Europe Rapid Response Euro-zone EC Survey (October 2026) The small fall in the Economic Sentiment Indicator in October leaves it consistent with solid GDP growth in Q4 and suggests that the economy may be holding up a little better than implied by the PMIs... 29th October 2026 · 2 mins read
UK Economics Rapid Response UK Money & Lending (Sep. 2026) September’s money and lending figures suggest households are still cushioning the blow from higher energy prices by borrowing more and saving less, and that high mortgage rates continue to restrain... 29th October 2026 · 3 mins read
UK Economics Focus UK Budget Response: Fiscal credibility preserved, but difficult decisions deferred The Budget revealed only a small slippage in the plans to reduce the budget deficit and stabilise the debt to GDP ratio. Further slippage next year or more tax hikes are likely. Even so, this Budget... 28th October 2026 · 14 mins read
Capital Daily “No harm” budget keeps Gilts out of the firing line Today’s UK budget announcement has proven the non-event that newly-minted Chancellor Healey had signalled in advance. While his first budget is hardly inspiring, it contrasts favourably with the... 28th October 2026 · 4 mins read
UK Economics Rapid Response UK Budget (28th Oct. 2026) The Budget revealed only a small slippage in the plans to reduce the deficit and stabilise the debt ratio. Further slippage next year or more tax hikes are likely. Even so, this Budget doesn’t make... 28th October 2026 · 3 mins read
Emerging Europe Economics Update Israel’s election points to political limbo The results so far from Israel’s election point to a range of possibilities for the next government although, irrespective of who is in power, it looks like the coalition will be fragile. We don’t... 28th October 2026 · 4 mins read
Europe Economics Update Weak credit demand adds to downside growth risks The ECB’s Q3 Bank Lending Survey showed credit standards tightening and demand weakening across most loan categories. This supports our view that GDP growth slowed to a crawl in Q3, while banks’... 27th October 2026 · 2 mins read
Global Economics Update France's fiscal warning to the rest of the world The sell-off in French bonds is a warning for governments elsewhere, but we doubt it is the start of a broad fiscal crisis. Few advanced economies have comparably poor fiscal arithmetic, and those... 27th October 2026 · 4 mins read
Europe Economics Update Why is France being singled out by bond markets? Rising interest rates and weak growth have made debt dynamics more challenging everywhere. What makes France stand out are the size of the fiscal adjustment needed to stabilise the debt ratio and the... 26th October 2026 · 3 mins read
Capital Daily Tech earnings vs central bank caution A hectic week for politics, central banks and corporate earnings reports may well be dominated by continued jitters around the sustainability of the AI equity boom. Over the past couple of weeks, they... 26th October 2026 · 4 mins read
