Nationwide House Price Index: House price growth slides to 11-month low in November November 28, 2014 House price growth slid to an 11-month low in November as the British housing market continued to cool, according figures released by Nationwide today. The Nationwide House Price Index showed house prices rose 8.5 per cent in the year to November, taking growth to an 11-month low. Price growth for the three months to September [...]
Barcelona star Andres Iniesta lists family vineyard on Airbnb November 28, 2014 Fancy sipping on a glass of red in the beautiful Spanish countryside with the scorer of the winning goal in a World Cup final? Barcelona star Andrés Iniesta is giving you the chance to do just that, by placing a one-off listing for a night at his family vineyard, "Bodega Iniesta", on Airbnb. All [...]
All eyes on Mario Draghi as Eurozone inflation slides to a five-year low 0.3 per cent for November November 28, 2014 Eurozone inflation slumped to a five-year low in October, turning up the heat on the European Central Bank to act in order to avoid a damaging deflationary spiral. The flash figure of 0.3 per cent for November was down from 0.4 per cent in October, Eurostat said. This was in line with economists' estimates according [...]
Tesco, Argos and Currys Black Friday deals: Retailers’ websites struggle with massive demand November 28, 2014 Retailers' websites are struggling to keep up with demand from shoppers hunting for mega-deals on Black Friday. Customers have been unable to access the deals being offered by Tesco, Argos and Currys with their websites returning error messages due to the high volume of visitors just days before "Cyber Monday" when online deals are expected [...]
Merlin Entertainments will open the first Legoland theme park in South Korea in 2017 November 28, 2014 Merlin Entertainments, owner of Alton Towers and Madame Tussauds, has announced that it will be building a £172m Legoland theme park in South Korea. The company, which floated last year, said it will be funding just under a third of the project. The rest will be paid for by a property company that's owned by a consortium [...]
Uncertainty over future of Tesco executives suspended after discovery of £260m profits overstatement November 28, 2014 One of the executives suspended by Tesco after it discovered a black hole in its accounts has left the company, it is understood. The BBC reported this morning one of eight executives who were suspended when it revealed it had overstated profits by £260m had stepped down. Tesco announced in September that it had overstated [...]
Drax and Intergen slapped with £39m fine from Ofgem November 28, 2014 Ofgem has hit Drax, the operator of the UK's largest coal-fired power plant, and Intergen, which operates three power stations in the UK, with a £39m fine after they failed to meet targets on energy efficiency. The £28m Drax will be made to pay is the largest ever fine handed down by Ofgem. Intergen, meanwhile, [...]
UK house prices may be slowing, but October was the best month for new houses since 2011 November 28, 2014 UK house prices may be waning, but October was the strongest month for new housing in the UK since 2011. According to data from the National House Building Council (NHBC), 13,950 new homes were registered this October, beating every month since June 2011, when 14,565 homes were registered. Of this month's registrations, 11,151 were private sector; [...]
In pictures: Black Friday UK 2014 – police called to branches of Tesco and Asda as crowds swamp stores November 28, 2014 Police have been called to supermarkets all over the UK amid fears of overcrowding, as shoppers stormed supermarkets in order to grab some Black Friday deals. US import Black Friday has prompted shoppers to flock to stores as retailers like Sainsbury's, Marks & Spencer and John Lewis slash prices. There are huge discounts available on everything [...]
Airports call for George Osborne to scrap air passenger duty or risk losing jobs to Scotland November 27, 2014 Airports in the north of England have appealed to the chancellor to scrap air passenger duty (APD) in his Autumn Statement next week, following the announcement yesterday that Scotland will be free to get rid of the tax as part of devolution plans. Three key airports in the north have all made appeals to [...]