Inflation drops to 1. 6 per cent as summer sales drive prices down August 19, 2014 Official figures published this morning showed the consumer prices index, the government's pet measure of inflation, fell to 1.6 per cent in the year to July, down from 1.9 per cent in June and way below the 1.8 per cent expected by analysts. The fall was mainly down to clothing prices, which dropped 5.7 per [...]
Bitcoin crashes to below $500 August 18, 2014 Bitcoin has crashed to below $500 for the first time since May, dipping as low as $309 on BTC-e, the world’s third-largest Bitcoin exchange. The “flash crash” put an end to a relatively stable period for Bitcoin. The cryptocurrency has been the subject of big sell-offs since last week. Cryptocurrency site CoinDesk reckons it has shed [...]
London rental prices grow at slowest pace in the UK August 18, 2014 London’s rental market has inflated at record speed in recent years as high house prices prevented swathes of potential first-time buyers from taking the leap. In fact last June average rent in the capital stood at £1,295 per month, just over £500 more than prices in the South West, the next-most expensive region. But [...]
