News in Review Wednesday 13th May 2026

House prices remained relatively stable last month, elections shake up UK politics and manufacturing sees a positive Q2 start.

Key takeaways:

  • The average property price now stands at £299,313, which is 0.4% higher than April 2025
  • Last week’s local elections indicated a changing political landscape with Reform gaining considerable ground
  • The Q2 manufacturing sector improvement was largely due to a rise in output, new orders and employment