Commodity falls and fears for stress tests see FTSE decline July 14, 2011 FALLS among commodity issues sapped the strength of Britain’s top share index yesterday, as worries over global growth clouded the demand outlook for metals and oils. At the close, the FTSE 100 index was down 59.48 points, or one per cent at 5,846.95, reversing all and more of the previous session’s 0.6 per cent rally. [...]
Wall St sags on new Bernanke talk July 14, 2011 US STOCKS fell yesterday as new comments from the Federal Reserve chairman dashed investors’ hopes for the chance of further stimulus and tech shares pushed the Nasdaq down one per cent. During a second day of testimony about the economy, Fed Chairman Ben Bernanke reiterated that the US central bank would be ready to inject [...]
First time buyer market may ease July 14, 2011 WITH the Bank of England keeping interest rates at the record low of 0.5 per cent, the outlook should be good for those looking to buy a home. But with renting in London costing 50 per cent more than the rest of the country and banks requiring higher and higher deposits, the picture for those [...]
RENTING July 14, 2011 MANAGING PARTNER OF BLACK BRICK PROPERTY Q. I own a flat and I’m just about to move out of London and rent it. What are your thoughts on renting furnished or unfurnished? A.Renting unfurnished tends to encourage tenants to stay longer in properties as they have the hassle of moving their furniture in and out. [...]
FOCUS ON: EAST GRINSTEAD, SUSSEX July 14, 2011 ACORN HOUSE, MILL FIELD Price: £499,000 This four-bedroomed family home with a garden has a living, dining and utility room downstairs. The upstairs houses the bedrooms and a family bathroom. The master bedroom has its own en-suite facilities. Contact: Hamptons on 020 7236 8398 or go to www.hamptons.co.uk POETS PLACE, HOLTYE ROAD Price: £575,000 This [...]
An absolutely wizard send off July 14, 2011 Film HARRY POTTER AND THE DEATHLY HALLOWS PART II Cert:12A THE closing episode in the decade-long Harry Potter saga is pretty much as epic, as entertaining and as impressive as you’d hope it could be. After the flabby slowness of Half-Blood Prince and Deathly Hallows Part One, this rips us along on a tumultuous tide [...]
Five brilliant ways to keep kids thrilled this summer July 14, 2011 1 THE TIGER WHO CAME TO TEA Judith Kerr’s perennially loved children’s book is about a tiger with a giant appetite who turns up at a little girl’s house for tea one day. Adapted for the stage at the Vaudeville theatre, it follows similar hits there such as the Gruffalo and We’re Going on a [...]
Reach for the skies: Breitling’s airborn daredevils pushing jets to the limit July 14, 2011 THE engineer strapping me to the ejector seat can tell I’m nervous. His advice is to keep my eyes outside the cockpit at all times. Watch the leader and our wingmen. This will help occupy the brain and should avoid any sensations of airsickness. I’m going up with the Breitling Jet Team, the aerobatic display [...]
MURDOCH RETREATS July 13, 2011 TYCOON ABANDONS SKY BID – FOR NOW RUPERT Murdoch’s bid for BSkyB came crashing to earth yesterday after News Corp caved in to intense political pressure and ended its pursuit of the broadcaster. The shock decision marks Murdoch’s darkest day in his 42 years in the British media industry. News Corp acknowledged that proceeding with [...]
Moody’s puts US on review for downgrade July 13, 2011 MARKETS dropped after Moody’s put the US on review for a downgrade last night, citing a lack of “meaningful” progress in negotiations to raise the debt ceiling. Analysts said that any US default due to a failure to take the legal cap off its spending would turn financial markets upside-down, turning the world’s “risk-free rate” [...]