Trade Union Congress today (17) has called on ministers to take decisive actions over the “discrimination that holds ethnic workers back” after it emerged from the latest data released by Office for National Statistics (ONS) that the unemployment rate for ethnic minority workers has risen three times the rate for white workers.
As per the latest ONS figures released today, over the last year, the unemployment rate for Black and minority ethnic (BME) workers has risen from 6.1 per cent to 8 per cent, three times the speed of the unemployment rate for white workers, which has risen from 3.6 per cent to 4 per cent, TUC said.
Commenting on the disparity, TUC general secretary Frances O’Grady said: “BME workers have borne the brunt of the pandemic. They’ve been more likely to be in low-paid, insecure work and have been put at greater risk from the virus. They’ve also been more likely to work in industries that have been hit hard by unemployment, like hospitality and retail.”
“As we emerge from the pandemic, we can’t allow these inequalities in our jobs market to continue. Ministers must take decisive action to hold down unemployment, create good new jobs and challenge the discrimination that holds BME workers back.
“And our recovery is still fragile, with more than a million workers on furlough. Instead of pulling the rug out from under the feet of businesses and workers, the chancellor must extend the furlough scheme for as long as is needed to protect jobs and livelihoods – and work towards setting up a permanent short-time work scheme to deal with future crises.”
ONS figures also published today show the number of people on zero-hour contracts has fallen slightly from 1.08 million in April-June 2020 to 917,000 in April-June 2021.
Expressing shock over only a slight dip in the number of people on zero-hour contracts, O’Grady said “Everyone deserves to be treated with dignity and respect at work. Government must ban zero-hours contracts now.”
“Many of these are the key workers who worked through Covid-19, but still face the uncertainty of not knowing when their next shift will be. And we know BME women are twice as likely to be on these low-paid, insecure contracts than white men,” O’Grady said, adding that even when insecure workers have been most likely to lose their jobs during the pandemic, "the use of these contracts remains stubbornly high".
One in five new buy-to-let companies in 2025 owned by non-UK nationals, up from 13% in 2016.
Indian and Nigerian investors lead foreign ownership, targeting regions outside London for higher returns.
Young British landlords (18–24) are expanding portfolios despite older investors exiting the market.
Regional rent growth diverges: London sees declines, while East & West Midlands and North West report strong rises.
Foreign investors leading
Britain’s buy-to-let sector is undergoing a notable transformation as foreign investors and young Britons reshape the landscape. One in five new buy-to-let companies created in 2025 are owned by non-UK nationals, up from just 13 per cent in 2016. This shift shows that foreign investment in British rental property is growing fast and reshaping who controls the market.
A new report on New Investors in Buy-to-Let reveals that this transformation is driven by a combination of younger British landlords and experienced international operators seeking better returns outside London’s saturated market.
The numbers are impressive. About 67,000 new buy-to-let companies will be formed by the end of 2025, with roughly 13,500 owned by non-UK nationals. Indian investors lead the way, creating 684 companies in just the first half of 2025. Nigerian investors follow with 647 companies. Polish and Irish nationals also have significant presence. This change reflects major post-Brexit migration patterns. European Union nationals used to represent 65 per cent of foreign ownership in 2016 but now make up only 49 per cent. south Asian and African investors are now taking the lead.
Young Britons expand portfolios
Several factors explain this shift. First, the British pound has weakened, making property cheaper for foreign buyers. Second, rental returns in Britain remain strong compared to other markets. Indian investors can get rental yields of 4.5 to 5.5 per cent in prime London locations. Third, foreign investors are moving away from expensive London and targeting regions with better returns. The East Midlands, West Midlands, and South West now offer faster rental growth than London.
British landlords themselves show mixed responses to market changes. A 2025 survey by Market Financial Solutions found that 65 per cent of landlords worry that recent budget policies will hurt their investments. Many older landlords have stopped buying new properties. However, younger investors think differently. Only one-third of landlords aged 18-24 have halted their investment plans. In fact, 75 per cent of 18-24-year-olds expanded their portfolios in 2024. Among those aged 55-plus, only 4 per cent plan to grow their property portfolios in 2025.
Young British investors and foreign investors are pursuing similar strategies. Both groups are buying properties in regions with strong growth potential rather than London. Greater London rents actually fell 3.0 per cent in July, marking the seventh straight monthly decline. Meanwhile, the West Midlands saw rents rise 2.7 per cent, and the East Midlands grew 3.4 per cent. This regional split explains why international investors are focusing on cities outside London.
Property shift outside London
Most non-UK nationals structure their investments through British limited companies, a tax-efficient approach. Indian High Net Worth Individuals and family offices increased their investment volumes by more than 17 per cent last year. The Halo development project in South London demonstrates this trend. This luxury apartment complex near the Kia Oval cricket ground is priced from £580,000 to £5 million.
The rental market shows mixed signals. After five years of steady growth, rents on newly let properties fell 0.2 per cent year-on-year in July the first annual decline since 2020. However, regional variations matter significantly. When landlords renew existing tenancies rather than advertising new ones, rents rose 4.5 per cent year-on-year. The North West led with 7.2 per cent increases. Landlords are aligning renewal rates with current market levels to maintain inflation-adjusted returns.
Paresh Raja CEO of Market Financial Solutions noted “The property market isn’t holistic it’s segmented. Some landlords may sell up, but there’s an eager new generation of investors ready to take their place,” The convergence of young British investors and foreign capital is reshaping Britain's property market. As older landlords exit and regulations tighten, a new generation of strategically minded investors both young Britons and international operators is repositioning British property as a key wealth management tool.
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