Peers call for independent body to take control of Telegraph sale

The UK government has announced plans to ban the resale of tickets for profit, aiming to protect fans from inflated prices and unfair practices in the ticketing market. This decision is seen as a positive step towards ensuring fair access to events for all fans.

The UK government has officially announced a ban on the resale of tickets for profit, a move described by a minister as a 'no-brainer.' This decision follows discussions among ticket touts in London, where they expressed concerns about Labour's plan to eliminate their business model. A seasoned ticket trader even sought financial support to lobby against the party's election manifesto pledge.

The latest data from the Land Registry indicates that UK house prices have been negatively affected by a slump in September, coinciding with uncertainty surrounding the upcoming Autumn Budget. This decline reflects broader concerns in the housing market as economic conditions remain unstable.

UK pay settlements have reached their highest levels in 2025, according to Brightmine. This increase reflects ongoing adjustments in the labor market as companies respond to inflationary pressures and the need to attract and retain talent. The rise in pay settlements is a significant indicator of the economic landscape in the UK.

The UK inflation rate decreased to 3.6% in the year leading up to October, according to the latest data. However, food prices have seen an increase again after a decline in September. This information was reported by Dharshini David, the deputy economics editor at BBC News.

House price increases in the UK have slowed in the year leading up to September, reflecting a cooling housing market amid economic uncertainties. This trend is significant as it may influence consumer confidence and spending, impacting the broader economy.

The UK inflation rate has reached its lowest level in four months, with prices rising more slowly in the twelve months leading up to October. However, food prices have not followed this trend and continue to increase.

UK inflation has decreased to 3.6% in October, down from 3.8%, indicating a potential turning point for the economy. This decline is expected to relieve pressure on consumers and businesses. Rachel Reeves, the UK Finance Minister, has signaled that budget measures will be introduced to further reduce prices, and the Bank of England is likely to respond with interest rate cuts.