Bellway sales on the rise February 7, 2011 Housing developer Bellway completed the sale of 2,332 homes in the the six months to 31 January. That was 85 more than in the same period the previous year. The average price of these homes has risen from £155,871 in the same period last year to £168,000, – an eight per cent jump This company [...]
SENTANCE SAYS BANK MUST UP RATES January 24, 2011 BANK of England policymaker Andrew Sentance yesterday said factors pushing up inflation cannot be dismissed as “one off” influences, as the Bank risks losing credibility if it fails to respond. He said: “If we do not start to raise UK interest rates gradually soon, we risk having to do so more aggressively in the future [...]
Mortgage lending falls in January March 11, 2011 UK mortgage lending fell 29 per cent in January from December’s level, new data has shown. Just 28,500 loans were extended to property buyers, a fall of 12 per cent on January 2010, a report from the Council of Mortgage Lenders found. The fall is being attributed to “an unusual combination of factors” including public [...]
Mortgage lending falls in January March 11, 2011 UK mortgage lending fell 29 per cent in January from December’s level, new data has shown. Just 28,500 loans were extended to property buyers, a fall of 12 per cent on January 2010, a report from the Council of Mortgage Lenders found. The fall is being attributed to “an unusual combination of factors” including public [...]
Without founder Apple will lose edge August 25, 2011 ONE of the rooms in my father’s house is full of old Apple products, a kind of museum of Macs gone by. Those made between 1985 and 1997 – the period of Steve Jobs’ exile – are rubbish. The worst, such as the Newton, an early tablet computer, are so bad that they are pristine, [...]
Without founder Apple will lose edge August 25, 2011 ONE of the rooms in my father’s house is full of old Apple products, a kind of museum of Macs gone by. Those made between 1985 and 1997 – the period of Steve Jobs’ exile – are rubbish. The worst, such as the Newton, an early tablet computer, are so bad that they are pristine, [...]
Late rally fails to push FTSE up to 6,000 February 22, 2011 The FTSE rallied valiantly this afternoon on the back of strong US consumer confidence data, after incurring a morning of losses from concern over the ongoing Libya crisis. Banks and commodities suffered from concerns that crude oil prices would spike and knock the global recovery, and the FTSE 100 closed down 0.3 per cent at [...]
Late rally fails to push FTSE up to 6,000 February 22, 2011 The FTSE rallied valiantly this afternoon on the back of strong US consumer confidence data, after incurring a morning of losses from concern over the ongoing Libya crisis. Banks and commodities suffered from concerns that crude oil prices would spike and knock the global recovery, and the FTSE 100 closed down 0.3 per cent at [...]
FSB calls for VAT breaks July 18, 2011 A temporary break from VAT should be granted to the tourism and construction industries to boost the economy, the Federation of Small Businesses (FSB) argued yesterday. VAT should be cut to five per cent for a year in the two sectors, the FSB said. “Consumer demand is a large barrier to economic growth so a [...]
FSB calls for VAT breaks July 18, 2011 A temporary break from VAT should be granted to the tourism and construction industries to boost the economy, the Federation of Small Businesses (FSB) argued yesterday. VAT should be cut to five per cent for a year in the two sectors, the FSB said. “Consumer demand is a large barrier to economic growth so a [...]