Consumers gloomier July 10, 2008 Consumer confidence fell for the sixth month in a row in June as the economic outlook continued to darken, although Britons showed little sign of curbing their spending. The Nationwide consumer confidence index hit an all time low last month, falling four points to 61 – the worst figure since the survey began in May [...]
Hopes for rate cut dashed as house prices begin recovery November 2, 2005 The odds on the Bank of England cutting interest rates for the second time in four months lengthened yesterday after the release of a raft of better than expected economic data. The latest snapshot of the housing market by leading lender Nationwide showed prices jumped 1.3 per cent, the fastest rate in 15 months, bringing [...]
Finding your way through the TV maze November 2, 2005 Satellite, cable, Freeview, PVR, broadband, video-on-demand and telly-down-the-phone. Confusing, isn’t it? The power of the television remote control has never been so great. With more than 350 television channels from which to choose, as well as interactive extras like digital videoing and television libraries, the couch potato trigger finger has never had it so good. [...]
House price drop cannot be hidden October 24, 2005 Annual house price inflation was 1.8 per cent according to the latest analysis by the Nationwide Building Society. That is the lowest figure since May 1996, but it is still an exaggeration. Prices rose by 1.8 per cent in the six months to last April — but they have not risen at all in the [...]
On top of the world October 21, 2005 Retail may be struggling, but Philip Green has just taken a £1bn dividend. Is he embarrassed? Not much. Displaying the timing for which he has become famous, retail entrepreneur Philip Green paid himself a whopping £1.2bn dividend from his retail chain Arcadia. At a time when retailers nationwide are struggling, Arcadia announced a 10.1 per [...]
House prices to stay static October 19, 2005 John Watson, chief executive of Bellway, the housebuilder, yesterday dampened expectations of a significant increase in house prices between now and next summer. Commenting as the company delivered otherwise impressive annual results, he said: “My feeling is that it is right to assume nil house price inflation in our next financial year, which is to [...]