Foxtons shares drop sharply after it warns of ‘subdued’ pre-budget sales

The GuardianThursday, October 23, 2025 at 11:18:13 AM
Foxtons shares drop sharply after it warns of ‘subdued’ pre-budget sales
Foxtons, a prominent estate agency, has issued a warning about weak sales for the remainder of the year due to economic uncertainty and potential changes to property tax in the upcoming budget. This news is significant as it highlights the challenges facing the real estate market, which could impact both buyers and sellers. With fewer buyers in the market, the overall health of the property sector may be at risk, leading to broader economic implications.
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