Market Pulse
Sunday share tips: Purplebricks, Bluejay Mining, Playtech
Sell Purplebricks shares, advised the Inside the City column in the Sunday Times, noting recent stock disposals by some founders after the online estate agent has seen its share price rise from 100p at its IPO two years ago to above 500p earlier this summer. "Add a slowing housing market to the equation and maybe they’ve got the right idea. " The company, which is still lossmaking, offers people selling their houses the chance to save money by not taking commission on the sale but instead a fixed fee of £849 - or £1,199 in London but are charged extra for viewings.
Sunday newspaper round-up: Credit crackdown, L&G, real wages, BT, BHP
Lloyds Banking Group has shortened the terms of some of its zero per cent balance transfer deals in a sign that banks are responding to a Bank of England crackdown. Earlier this year Lloyds was offering a Halifax-branded card giving customers 43 months interest free – a market-leading rate. The equivalent card today has been pegged back to 38 months. - Mail on Sunday.