That London’s house prices are booming is hardly a secret – prices shot up by 12 per cent in 2013, according to official figures.
But what isn’t as well known is that the boom in London is in fact taking place even within a booming UK.
Expect to pay a little more for your caffeine buzz in coming months.
Coffee futures - the prices which traders have agreed to pay for beans in the future - have surged in price, and are at their highest level since February 2012.
Royal Mail warned yesterday that an Ofcom review into wholesale mail prices will mean a period of uncertainty.
This morning, shares in the FTSE 100 firm have fallen to 502p - down nearly three per cent.
No change from the boffins over at Threadneedle Street.
The Bank of England's interest-rate setting committee has, as widely expected, elected to hold both interest rates and quantitative easing this month.
THE GREEK government will today return to the international capital markets for the first time since 2010, launching a new bond despite the fact that the country is still mired in recession and deflation.
Spain’s biggest state-owned lender Bankia last night instructed the sale of its entire 4.94 per cent stake in the power company Iberdrola. The stake is worth around $2.2bn (£1.31bn). Citi and UBS were given the mandate to sell the stock.
RBS has agreed to pay the government £1.5bn before it gives shareholders a dividend, the lender announced yesterday.
It has struck a deal to buy back the dividend access share, which was put in place as part of its bailout.
LABOUR and Liberal Democrat proposals for a mansion tax would fall almost entirely on homeowners in London, with three boroughs in the capital footing over two thirds of the bill, research out yesterday by Zoopla showed.
WHO’D be a car insurer? With regulators lining up to tell the sector what to do and technology busily disrupting established business models, firms like Direct Line, Admiral and Esure are enjoying a rough ride.
THREE of the biggest motor insurers in the UK saw their share prices fall yesterday after Confused.com and Towers Watson reported a significant drop in premiums, greater than had previously been expected.