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Top News |
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Thu 02 Sep 2010
House prices fell for the second month in a row in August, new data shows, suggesting that recent declines in the market may amount to more than a seasonal dip.
The average house price during the month fell to £166,507 from £169,347 in July, or by 0.9%, according to the building society Nationwide. This comes after a 0.5% month-on-month fall in July.
It is the first time house prices have fallen in two consecutive months since February 2009, in the depths of the economic downturn. The news will add to fears that the housing market is entering a period of prolonged weakness in line with tough economic conditions generally.
‘The 3 mo... Read more
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Thu 02 Sep 2010
UK construction sector growth slowed for the third month in a row in August, to its lowest in half a year, doing little to calm fears of a “double-dip” recession.
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Thu 02 Sep 2010
RBS is cutting another 3,500 UK jobs as it trims its back office operations, taking the number of staff axed since the bank was nationalised two years ago to 26,600.
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Thu 02 Sep 2010
Leading shares are still lacking direction, a condition matched in the US where shares are expected to open mixed.
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Market Buzz |
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Thu 02 Sep 2010
1505: Footsie is still flat. Computer chip designer ARM Holdings is flying a little lower today after Panmure Gordon reiterated its 'sell' recommendation and cut its price target for the stock to 265p from 275p. Tullow Oil, which is to...
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Thu 02 Sep 2010
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More Market Buzz
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Company News |
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Thu 02 Sep 2010
Abbey Protection, which provides legal and professional fees insurance products and services, remains on the look out for acquisitions after what it termed a solid set of interim results.
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Thu 02 Sep 2010
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More Company News
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Week Ahead |
Thursday 02 Sep
Finals Eaga, Go-Ahead Group, Hays, Mcbride, Pacific Horizon Inv Trust
AGMs Software Radio Technology, Daejan Holdings, Dart Group, Invesco Property Income Trust, Advanced Computer Software, Carclo, Maple Energy, Cohort, Scott Wilson, ACM Shipping
Friday 03 Sep
AGMs MDM Engineering Group, Prosperity Minerals Holdings
Interims Fyffes
More on The Week Ahead |
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