UK house prices drop for the first time in 17 months September 30, 2014 UK house prices have dropped for the first time in 17 months, dipping 0.2 per cent between August and September. In price terms, this means a drop of £931 for the average residential property, from £189,306 to £188,374. The data, from Nationwide, shows the annualised growth rate also slowed to 9.4 per cent from 11 [...]
Conservatives: 20pc off house prices for first-time buyers under 40 September 27, 2014 The conservatives have announced that if they are voted in at the next general election in May, people under 40 will be able to buy their first homes for 20 per cent less than market value. Prime Minister David Cameron revealed the plan ahead of the Conservatives' annual party conference starting tomorrow. He said [...]
Blackberry Passport: The “innovative” smartphone with a square screen September 24, 2014 Blackberry’s Passport is the new strangely shaped smartphone the company hopes will help restore its diminished presence in the smartphone market. Passport, launching today, will at the very least grab people’s attention. Its 4.5 square inch HD screen is square in shape and far wider than what seasoned smartphone buyers are used to. [...]
Ed Miliband’s conference speech: Here’s what you need to know September 23, 2014 Ed Miliband has delivered his last speech to a Labour conference before the 2015 general election. The Labour leader hopes his six-point plan will be enough to entice voters to give his party the keys to Downing Street and reverse his low personal ratings. The plan is intended to be implemented over 10 years. Here [...]
Miliband to tax mansions to fund new NHS splurge September 22, 2014 ED MILIBAND will today deliver a key pre-election speech at his party’s annual conference in Manchester, in which he is widely expected to announce a funding boost for the NHS. Miliband is thought to have found a way to pay for a budget increase for the health service as he seeks to position Labour as [...]
Federal Reserve’s William Dudley sees inflation staying low despite rise in hiring September 22, 2014 Unemployment can continue falling to unusually low levels without risking dangerously high inflation, Federal Reserve policymaker William Dudley said yesterday. Inflation has been running below the Federal Reserve’s target for more than two years, meaning there may be more room than expected to allow growth to surge before any rate rises. Dudley is already considered [...]
UK house prices soar as lack of homes fuels cost of living crisis September 22, 2014 House building in the UK has been in a continual state of decline since the 1970s, making it harder to own a home and to pay rent, according to a report released yesterday. In the several years preceding the financial crisis, just under 200,000 houses were completed per year – half the number that [...]
UBM in talks for £550m takeover of US Advanstar September 18, 2014 Events and information giant UBM yesterday confirmed it is in takeover talks with US trade show organiser Advanstar, in a deal that might be worth up to $900m (£549m). UBM, which also owns PR Newswire (PRN) and has a market capitalisation of £1.5bn, said in a statement that it “notes recent market speculation concerning [...]
Housing boom is nationwide September 16, 2014 HOUSE prices boomed at record rates across the UK in the year to July, according to official data released yesterday, despite separate and more recent figures showing growth rates levelling off. Prices rose 11.7 per cent in the year to July with London leading the way at 19.1 per cent. Prices paid by first-time buyers [...]
Car review: The new Audi TT feels more like a top-end VW than a thrusting sports car September 16, 2014 What’s your take on the Audi TT? A brilliant interpretation of Bauhaus design language? An unusually attainable, good looking sports car? Or so commonplace it barely even registers? The original TT was something special. No car manufacturer had built such a bold interpretation of the coupe away from a motor show concept. And no one [...]