IlluMyFi

Spending such a seemingly game-changing sum would face several hurdles and could even hinder the party’s chances

Over the 2024 general election period, combined donations to every UK party totalled about £50m. If reports are to be believed, Elon Musk could be about to give considerably more to just one – Reform UK. Is this a political game-changer? As ever with politics and money, there is no one answer.

One caveat must be mentioned: not only is the prospect of the world’s richest person helping out Nigel Farage’s party still very much at the ideas stage, but the mooted figure of $100m (£80m) is disputed, with the Reform leader describing it as “for the birds”.

Sentiment

-0.23

Bearish/Bullish

21.12.24 12:00

by theguardian.com

UK house price predictions for 2025: with pay rising and rates falling, they’ll...

Nothing seems to stop the relentless march of property values, even with a stamp duty increase looming

It’s been a bumpy ride for the housing market in recent years, after Liz Truss’s disastrous mini budget of September 2022 created a surge in borrowing costs that have cost many households dearly.

But despite elevated mortgage and rent costs, the market this year has turned out to be “surprisingly resilient”, according to Nationwide building society. Experts had expected house prices to stay flat or fall, but average prices are expected to have risen by more than 3% in 2024, after falling by 1.4% in 2023.

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