Live Industry News

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Property

  • London among Europe’s least ‘liveable’ cities2014-08-19

    Despite huge demand from international property investors, London is a less attractive place to live than Detroit, says the Economist Intelligence Unit

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  • Inflation fall reduces chance of rate rise2014-08-19

    Easing price pressures will reduce the chance of an interest rate rise this year, analysts say, with discounting on the high street the biggest driver behind the fall in inflation

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  • Persimmon profit lifted by home demand2014-08-19

    Underlying profit surges 57% and revenue rises a third becoming the latest UK housebuilder to report robust earnings amid a lack of supply of residential property

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  • Polypipe shares rise on profits growth2014-08-18

    Polypipe saw sharply increased UK sales but reported a pre-tax loss because of the £12.4m cost of its initial public offering in April

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  • Nationwide profits rise as customers join2014-08-18

    Mutual lender strengthens capital position and lifts leverage ratio to 3.7% as it benefits from influx of fresh money from account switching service

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  • Arm lifted to top of FTSE by broker moves2014-08-18

    Chip designer Arm Holdings leads London’s main FTSE 100 index after Goldman Sachs recommends buying the stock

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  • Chinese banks step up lending to housing2014-08-18

    Ramp up in lending to property developers comes even as new home prices in China fell 0.9% in June, the third straight monthly drop

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  • Blackstone and TPG near Kensington deal2014-08-17

    Possible deal for UK mortgage lender signals international investor interest in British mortgage market at a time of renewed house price appreciation

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  • Chart that tells a story . . . inheritance tax2014-08-15

    Thanks to rule changes and rising house prices, inheritance tax is getting harder to avoid

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  • Property set to lift inheritance tax take2014-08-15

    Official forecasts suggest the levy will soon yield nearly 0.3% of national income, a higher proportion than achieved by Labour in the 1970s

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  • Austria’s Signa buys Karstadt for €12014-08-15

    Move ends weeks of speculation over the lossmaking German company, which employs 17,000 people, following the July departure of its chief executive

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  • Balfour rejects Carillion for second time2014-08-15

    Battle between rival construction firms enters new phase as Balfour rejects Carillion’s claimed £175m costs savings calculation

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  • Housing costs weigh on disposable incomes2014-08-14

    Nearly 1m working households are paying more than half their disposable income on accommodation amid weak wage rises, research finds

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  • Zoopla releases first update since IPO2014-08-14

    Property portal’s share price gains 13.6% and website visits are up 34 per cent in four months to end-July but average revenue per user trails rival

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  • Homeowner relief over deferred rate rise2014-08-14

    Little chance of immediate rise, says Bank of England

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BBC News – Your Money

  • Most new jobs self-employed, ONS says2014-08-20

    Two-thirds of the new jobs created since the financial crisis have been as a result of people becoming self-employed, according to the Office for National Statistics.

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  • Mortgage lending highest since 20082014-08-20

    A total of £19.1bn is advanced to homebuyers in July, the Council of Mortgage Lenders says, amid warnings that the property market may face headwinds.

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  • London drives house price increase2014-08-19

    Annual house price inflation was 10.2% in the year to June, driven by a 19.3% London rise, according to the Office for National Statistics.

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  • Bank 'double billed late customers'2014-08-19

    Bank of Scotland has been unfairly double billing customers who fell behind on their mortgages, a High Court judge in Belfast has ruled.

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  • Where houses 'cost' more than London2014-08-18

    The 62 places more expensive than London

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  • Payday brokers 'drain' bank accounts2014-08-18

    Complaints about payday loan middlemen - so-called credit broking websites - more than double in the last year, according to the Financial Ombudsman.

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  • Rail fare rise for 2015 to be set2014-08-18

    Rail passengers will learn on Tuesday how much their fares will go up by in January next year, amid protests about the high cost of tickets.

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  • EE top in UK mobile performance2014-08-18

    EE has again been ranked top overall in research comparing the performance of the UK's mobile networks, with Vodafone coming last.

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  • Recession 'widening gender pay gap'2014-08-18

    More than 820,000 more women have moved into low paid, insecure jobs since the start of the recession in 2008, according to a Fawcett Society report.

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  • Insurance cost drop 'masks divide'2014-08-17

    Home and motor insurance premiums have dropped sharply, insurance brokers say, but the AA has highlighted big regional differences in costs.

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  • Students 'failed' by pricey digs2014-08-15

    University students in the UK are being "set up to fail" as paying for expensive accommodation leaves them with as little as £40 a week to live on, a leading charity warns.

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  • UK rents 'rise by 2% in a year'2014-08-15

    The cost of renting a home has risen by 2% in the last year, with increases seen across nearly every region of the UK, a survey suggests.

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  • UK economic growth revised upwards2014-08-15

    The UK economy grew by 3.2% in the second quarter compared with the same period last year, slightly higher than the original 3.1% estimate.

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  • Queue jumping charge for calls to EE2014-08-14

    Mobile phone company EE has introduced a 50p charge for jumping the queue on customer service calls, angering some customers.

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  • Npower owner RWE in profits fall2014-08-14

    German energy giant RWE has recorded a fall in profits while its UK arm, Npower, says it is getting on top of late billing problems in the UK.

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