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Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?Trump’s Venezuela strategy has failed in IranG7 discuss joint release of emergency oil reservesFarage misses out on Trump meeting as their relationship coolsUSUS HomeUS EconomyUS CompaniesUS Politics & PolicyKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?Trump’s Venezuela strategy has failed in IranFarage misses out on Trump meeting as their relationship coolsIran war will leave a complex geoeconomic legacyCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?G7 discuss joint release of emergency oil reservesEx-EY executive launches private equity-backed tax firm to challenge Big FourPimco sticks with bet on gilts despite market slumpTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaSheryl Sandberg and Nick Clegg join Nvidia-backed AI start-up NscaleKKR eyes multibillion-dollar sale of data centre cooling companyPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesIs South Korea’s dominant online retailer an American company?Samsung seeks AI deals to challenge Apple’s smartphone leadMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?G7 discuss joint release of emergency oil reservesIran war will leave a complex geoeconomic legacyPimco sticks with bet on gilts despite market slumpClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersTrump’s Venezuela strategy has failed in IranIran war will leave a complex geoeconomic legacyAmerica chose this war — and must now choose how to end itWhy it’s time to end the grim march of the touchscreenStagflationary forces are buildingLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItWhy it’s time to end the grim march of the touchscreenYou can turn this to your advantage if every news story has ‘tax exile’ in itGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Business school professors’ picksLife & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterHow to wear a tie: HTSI’s definitive guideWe’ll always have DubaiPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesWine storage is emerging from the cellarTrump’s war on Iran is spreading. Where does it stop?How To Spend ItCompaniesIndustrialsConstructionHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InProperty sectorLex. Three reasons to be hopeful for UK homebuildersDespite Vistry’s gloomy outgoing chief, easier planning rules, better affordability and possibly even state help could boost sectorProperty sectorVistry shares plunge 25% as UK housebuilder warns of lower marginsFTSE 250 company to separate CEO and chair roles as Greg Fitzgerald steps downUK housebuildingLex. Why private equity won’t rescue the UK’s housebuilding effortsInvestors have little interest in build-to-rent projects given the dismal level of profitsProperty sectorOne Hyde Park residents win legal battle over £35mn in building defectsClaimants hail ‘a decisive victory’ over corrosion and other faults at exclusive developmentSaudi ArabiaSaudi Arabia opens $1bn theme park as kingdom pushes ahead with megaprojectsSix Flags Qiddiya City is welcome arrival for country’s rulers after multiple setbacks to grand infrastructure schemesUK businessUK businesses cut jobs at fastest pace since 2021 while builders report steep downturnBoE survey and S&P Global data point to impact of Budget uncertainty on headcount and activityReinvention Champions 2025Machinery hire group paves way for greener construction sitesNixon Hire’s shift from fossil fuel-based equipment taps into demand for lower-carbon building methodsUK housebuildingUK government’s housebuilding target under threat as councils face exodus of plannersPlanning industry has been hit by local authority budget cuts since 2010Property sectorWhat happens when housing supply is driven by markets not Main StreetHome prices in America won’t come down without systemic reformRana ForooharUK propertyNeighbour vs neighbour: the perils of taking control of your block of flatsLeaseholders can band together to manage their buildings. It can mean lower costs — but it doesn’t always go to planUK economyUK construction activity falls at fastest pace for 5 yearsTenth consecutive monthly contraction marks longest period of continuous decline since financial crisisNuclear energyBechtel boss urges US government to share risk of nuclear build-outDanger of cost overruns is obstacle to financing Donald Trump’s plan for 10 new reactors by 2030InvestmentsDirectors’ Deals: Kier insiders take advantage of strengthening pricesInfrastructure group has a healthy order book for 2026Middle Eastern companiesEgyptian billionaire Sawiris seeks to invest $50bn in US infrastructureIndustrialist’s latest pivot comes as he merges OCI Global into Abu Dhabi-listed Orascom in major business overhaulWar in UkraineLex. Rebuilding Ukraine is an opportunity for European companiesComments on earnings calls indicate that dozens of companies already have an eye on opportunitiesNuclear energyIs the UK’s giant new nuclear power station ‘unbuildable’?Meant to withstand being hit by an aircraft, industry veterans warn of Sizewell C’s ‘terrifying’ complexityUkrainian politicsCRH’s Ukraine cement expansion sparks uneaseWar-torn country’s biggest building materials group says Irish company’s recent acquisition of plants ‘contains huge risks’MarketsUnhedged. The tech ‘sell-off’Plus, the homebuilder stock rally, and more on concentrationRobert ArmstrongMarketsUnhedged. The signal from semiconductorsAnd from housing startsRobert ArmstrongResidential propertyUK construction activity plunges in JulyIndex falls at sharpest rate since 2020, dragged down by drop in housebuildingCaterpillar IncCaterpillar warns of $1.5bn tariff hit as trade tensions dent earningsUS industrial bellwether posts lower-than-expected profits as costs riseUK businessLex. Creativity is one industry where the UK really could work magicSuper sector shows how Britain’s perceived cultural soft power punches above its economic weightMarketsUnhedged. At a mad moment, a dull Fed is goodAnd the housing market still does not workRobert ArmstrongUS economyUS housing construction falls to 5-year low as tariffs weigh on sectorSigns of property market weakness come hours ahead of Federal Reserve’s decision on interest ratesGrenfell Tower disasterGrenfell Tower fridge maker did not run adequate safety checks, council claimsKensington and Chelsea claims Hotpoint model contained materials that could ‘burn easily’ in lawsuit arising from 2017 fireHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In

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