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Help to Buy
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- 1Andy Burnham to unveil 'Your First Home' schemeโBREAKING: Andy Burnham will announce a new "Help to Buy" scheme next week Called "Your First Home", it will allow young
Greater Manchester mayor Andy Burnham is set to announce a new 'Help to Buy'-style scheme next week called 'Your First Home'. Reports say it would allow young people to buy their first home with a deposit of just 2.5%, a far lower barrier than most mortgages require. The proposal is drawing heavy attention online, with many debating whether such low-deposit buying would genuinely help first-time buyers or fuel house price inflation.
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Dutch chipmaking equipment giant ASML says it sold absolutely nothing in Europe in 2026, despite Europe being its home region, and is calling on the EU to help create demand for semiconductor manufacturing. The remark highlights how little chip fabrication capacity exists in Europe compared with Asia and the US, where ASML's lithography machines are in high demand.
- 3Andy Burnham Seeks to Revive Help-to-Buy SchemeโDespite the housing crisis being in a large part caused by the high price of housing (stoked by the lax availability of
Andy Burnham is looking to revive the Help-to-Buy scheme for first-time buyers in the UK. Critics argue this repeats past mistakes, since generous credit for buyers pushed up house prices rather than improving affordability. The housing crisis is widely attributed to high prices driven partly by loose credit availability, so demand-side subsidies are seen as a short-term fix rather than a solution.
- 4Wall Street ends higher as AI stocks, Microsoft rallyโผWall Street ends higher as investors buy AI stocks; Microsoft rallies
US stock markets closed higher as investors bought into artificial intelligence-related shares, with Microsoft among the standout gainers. The session reflected continued enthusiasm for AI as a driver of equity performance, helping major indexes finish in positive territory despite broader market uncertainty.
- 5Retail Traders Buy Alphabet Dip After Spending SelloffโผGOOGL Stock Inches Up Premarket: Retail Traders Are Buying The Dip After CapEx-Fueled Selloff
Alphabet shares edged up in premarket trading as retail investors stepped in to buy following a sell-off driven by the company's announcement of sharply higher capital expenditure. Retail traders on Stocktwits flagged the dip as a buying opportunity, helping steady the stock after heavy AI infrastructure spending plans rattled investors.
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Andy Burnham has announced a new help to buy scheme aimed at getting first-time buyers onto the housing ladder. The announcement is drawing attention as housing affordability remains a major concern in the UK, with many young people struggling to save for a deposit while rents and house prices stay high.
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Greater Manchester mayor Andy Burnham has announced a new housing programme, including plans to revive a Help to Buy-style scheme aimed at boosting housebuilding and helping first-time buyers onto the property ladder. The Financial Times reports the initiative is designed to stimulate construction, while The Times highlights its focus on getting young people into home ownership. The proposals position Burnham as an active voice on housing policy.