News and comment
Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in mortgage and related matters.
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Citywire Money, Tax and Property
- House prices: Nationwide reports first drop since February
Thu, 29 Jul 2010 08:24:53 +0100
Nationwide has reported a 0.5% drop in the price of an average UK property, adding to evidence that prices are heading lower.
- House prices rise slightly in June
Wed, 28 Jul 2010 13:07:44 +0100
Land Registry reports 0.1% rise in June following May?s slight fall. Figures come in contrast to other indices which are showing falling prices.
- Morning Line: interest rate rise or not, savers are unlikely to benefit
Mon, 26 Jul 2010 11:51:04 +0100
Seldom have economists been so divided over when interest rates will rise. But whatever happens, it is unlikely that savers will benefit.
- 'Home staging' is all the rage - but there are better ways to sell up
Sun, 25 Jul 2010 00:01:00 +0100
A booming industry in the US aims to help people sell their homes, but here, as a second property price bust looms, it's hard cash that will ultimately speak loudest.
- House prices: the areas where it is cheaper to buy than rent
Wed, 21 Jul 2010 14:08:22 +0100
A new survey reveals the places where it is cheaper to buy a home than rent one, provided you can get the mortgage.
BBC News
- Benefits face 'radical' shake-up
Fri, 30 Jul 2010 13:46:32 +0000
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.
- Gove defends academy schools list
Fri, 30 Jul 2010 13:40:02 +0000
The Education Secretary insists there no is rush for schools in England to become academies, after criticism over the number of schools coming forward.
- Vettel heads Alonso in practice
Fri, 30 Jul 2010 13:37:34 +0000
Red Bull appear to be in total control as McLaren struggle during second practice for Sunday's Hungarian Grand Prix.
- Canada weighs pig killer retrial
Fri, 30 Jul 2010 13:35:00 +0000
The Canadian Supreme Court decides whether to grant a new trial to a pig farmer convicted of killing six women.
- US economic growth slows to 2.4%
Fri, 30 Jul 2010 13:25:58 +0000
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
BBC Business News
- Benefits face 'radical' shake-up
Fri, 30 Jul 2010 13:46:32 +0000
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.
- US economic growth slows to 2.4%
Fri, 30 Jul 2010 13:25:58 +0000
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
- Fugitive tycoon Nadir given bail
Fri, 30 Jul 2010 12:25:27 +0000
Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, is granted bail.
- Strikes and ash extend BA losses
Fri, 30 Jul 2010 11:22:45 +0000
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
- US sees paper profit on bail-outs
Fri, 30 Jul 2010 11:05:34 +0000
Assets bought by the US to bail out AIG and Bear Stearns are showing a paper profit, the Federal Reserve Bank of New York says.