Rail revolution opens new areas for commuters December 2, 2010 ASK any Londoner what irritates them most about the city and they will say two things. First, the transport is rubbish and second, it is too hard to buy a decent, affordable home. For families who want their children to grow up outside London, the misery of the commute has to be weighed against the [...]
PROPERTY NEWS December 9, 2010 DEMAND FOR PROPERTY AT QUARTER’S HIGH Demand for property is on the rise for the first time in four months, according to the National Association of Estate Agents. House-hunters increased in November, attracted to falling prices, while supply remains static. Close to Christmas, there are usually fewer sales to avoid family disruption; people also tend [...]
Bellway sales hit by government cuts October 19, 2010 Housebuilder Bellway reported full year results in line with expectations with uncertainty around the government’s spending review hitting sales. “Sales in the early part of what is traditionally an active autumn selling period have picked up, albeit only slightly, following the usual summer lull,” chairman Howard Dawe said. “It seems that potential homebuyers are awaiting [...]
At a glance: All the crucial points from Osborne’s Budget for Growth March 23, 2011 THE ECONOMY/PUBLIC FINANCES The Office for Budget Responsibility (OBR) has revised its growth forecast for the economy, blaming higher-than-expected inflation as a result of recent global commodity price shocks and the weather-affected final quarter of 2010. GDP growth has been revised down to 1.7 per cent in 2011. Growth is expected to peak at 2.9 [...]
What the other papers say this morning January 11, 2011 FINANCIAL TIMES LAWYERS URGE HUNT TO BE CAREFUL OVER SKY BID Jeremy Hunt must act carefully to avoid legal challenge to his role in regulating News Corp’s proposed bid for British Sky Broadcasting, after his department sent Rupert Murdoch’s company a key document, lawyers said. Three competition experts yesterday said the culture secretary’s move could [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 6, 2010 FINANCIAL TIMES EMPLOYER OPTIMISM INCREASES IN BIG ECONOMIES Hiring in the US and half a dozen other leading economies will increase for the first time in more than two years during the first quarter of 2011, according to a report released on Monday by Manpower, a global recruiting firm. Manpower’s Employment Outlook Survey shows plans [...]
Jobs fears persist despite better than expected US?economic growth November 23, 2010 GROWTH in the US was higher than previously thought, it was announced yesterday. GDP growth was revised to 2.5 per cent for the three months to September, up from two per cent, said the US Federal Reserve (Fed). The rise was beyond the expectations of economists, who had predicted a slightly smaller rise. The Fed [...]
Jobs fears persist despite better than expected US?economic growth November 23, 2010 GROWTH in the US was higher than previously thought, it was announced yesterday. GDP growth was revised to 2.5 per cent for the three months to September, up from two per cent, said the US Federal Reserve (Fed). The rise was beyond the expectations of economists, who had predicted a slightly smaller rise. The Fed [...]
Winning the icy chukkas – the bank that hosts a snow-polo tournament February 6, 2011 THE game of polo is one of the oldest sports in the world. Originating in ancient Persia, it is thought to have begun as a way of training elite cavalry troops. It was brought back to Europe in the 19th century through the Calcutta Polo Club, established by two British officers in India who formalised [...]
Receding fears over Eurozone debt levels hand FTSE a boost December 6, 2010 BRITAIN’S top share index closed higher yesterday, buoyed by oil stocks after crude reached a two-year peak, while banks fell on fears over Eurozone debt as EU ministers met to discuss ways of preventing debt contagion. The FTSE 100 ended up 24.96 points, or 0.4 per cent, higher at 5,770.28, for its highest close since [...]