Asking prices back on the up as 2013 rolls in January 20, 2013 A BUOYANT London housing market led UK asking prices back into growth in January, data revealed this morning. London’s homeowners added 3.6 per cent onto their asking prices during January, Rightmove said, capping off a healthy 9.6 per cent – or £16,492 – increase over the year. This robust activity in the capital drove the [...]
Asking prices back on the up as 2013 rolls in January 20, 2013 A BUOYANT London housing market led UK asking prices back into growth in January, data revealed this morning. London’s homeowners added 3.6 per cent onto their asking prices during January, Rightmove said, capping off a healthy 9.6 per cent – or £16,492 – increase over the year. This robust activity in the capital drove the [...]
Steep dive for house prices in December lull December 16, 2012 ASKING PRICES suffered their biggest December drop on record this year, data from Rightmove revealed this morning. Asking prices collapsed 3.3 per cent in just a month across the UK, with London seeing a four per cent dive. The tumble is the steepest December decline since Rightmove began its survey a decade ago, outstripping the [...]
Britain’s Facebook is already here but we lack the tools to identify it February 18, 2013 IT’S been described as “the $4.2 trillion (£2.7 trillion) opportunity”. According to the Boston Consulting Group, there will be 3bn internet users globally by 2016. If it were a nation, the internet-based economy would rank in the world’s top five. And the UK sits at the forefront, with 8.3 per cent of GDP now online [...]
December boost pushes house prices out of year-long slump January 7, 2013 A BIG December jump in house prices has managed to erase most of the downward movement seen in the market over 2012, data suggested yesterday. The average house price rose 1.3 per cent going into December, Halifax said yesterday, a monthly climb that contradicts earlier data from Rightmove and Nationwide, which both suggested 2012’s final month had [...]
Rightmove traffic moves upward May 9, 2012 Property website Rightmove has reported a growth in advertising revenue for the first four months of the year on higher ad rates and a 20 per cent rise in internet traffic compared to a year ago. Rightmove said it was confident of meeting its expectations for 2012 if the UK housing market doesn’t decline significantly. [...]
November saw accelerating house prices January 15, 2013 THE HOUSING market heated up in November, according to the most comprehensive official data, released yesterday. The Office for National Statistics’ house price index climbed 2.1 per cent in the 12 months to November 2012, up from the 1.5 per cent growth recorded in the year to October. This overall acceleration was driven by soaring London prices, [...]
RBS and Lloyds results look set to show losses February 24, 2013 STATE-BACKED banks Royal Bank of Scotland and Lloyds Banking Group are both expected to announce full-year results this week, with analysts forecasting both lenders will remain loss-making. Investec believes RBS, which will deliver its 2012 figures on Thursday, will announce an attributable loss of £2.2bn for the final quarter – or a £5.6bn loss for [...]
House prices rise by 3 per cent in 2012 despite flat December January 10, 2013 HOUSE PRICES were flat in December, but rose overall in 2012, according to data published today. Despite the lack of change between November and December, the average house price was 3.2 per cent higher last month than a year before, according to the LSL house price index. The rise adds £7,000 to the average property’s [...]
Boards ring the changes with new bosses January 1, 2013 SEVERAL firms including publisher Pearson and insurance group Aviva are ringing in the new year with a change of chief executive. Mark Wilson officially took the reins at Aviva yesterday, replacing Andrew Moss, who was felled by a shareholder rebellion over bonuses last May. New Zealand-born Wilson, who spent four years at the top of [...]