House prices slip in August September 13, 2011 House prices in England and Wales fell in August and transactions slipped to levels last seen during the recession in 2009, a survey showed on Tuesday. The Royal Institution of Chartered Surveyors’ seasonally adjusted house price balance inched down to -23 from -22 in July, in line with the median forecast in a Reuters poll. [...]
Taylor Wimpey says housebuilding bouncing back September 19, 2011 Housebuilder Taylor Wimpey said sales rates in recent weeks have been encouraging, as the industry has benefited from a seasonal surge in home buying activity, and added it is on track to deliver on margin targets. The country’s second largest builder by market value said net sales rates so far in the second half are [...]
Low’s on a high after fixing double energy deals October 17, 2011 NOT that many bankers have experienced the satisfaction of closing an M&A deal this year, as markets have proved volatile. Yet Jeremy Low of RBC Capital Markets found himself on the advisory side of two completed deals in less than a week recently when he advised Dominion Petroleum on its £118m sale to Ophir Energy [...]
Weak City to harm UK jobs October 30, 2011 THE NEGATIVE impact of the Eurozone crisis on the City will damage the whole of the British economy, economists warned this morning. Financial sector employment fell by 14,000 in the second quarter, Ernst and Young’s Item Club said, while it expects no or little recovery in City jobs next year. “Given the extent to which [...]
Economic uncertainty keeps housing market weighed down during August September 12, 2011 THE UNSTABLE economic outlook kept the UK’s housing market subdued last month, a survey published this morning suggests. The average number of house sales per surveyor fell to 14 in August, the Royal Institution of Chartered Surveyors (RICS) has found – “taking transactions back to June 2009 levels”. Nearly eight in 10 surveyors reported “general [...]
Downing Street’s strategic mistakes on Europe put our national interest in danger November 15, 2011 IN THE midst of the European crisis, the government has made a strategic error by advocating fiscal union and economic governance for the Eurozone. The European summit proposals agreed on 26 October do not have any real legal basis and simply reflect the determination of Germany and France to go ahead, whatever the rules may [...]
Get the skills by signing up to trading school November 8, 2011 WITH the current volatility in the forex markets, many who have been relying on fundamental analysis for their FX trading may find themselves struggling. But fear not. There are trading seminars like this morning’s on binaries from GFT (www.gftuk.com) that can really improve your skills. Here we have a non-exhaustive round up of the offerings [...]
Weak demand keeps house prices steady September 29, 2011 PRICES increased slightly in September compared with August’s level but fell over the last quarter and year, a leading poll showed yesterday. Nationally, prices rose by 0.1 per cent on a monthly basis, but declined by 0.1 per cent over the past three months, and by 0.3 per cent over the year to September. The [...]
Weak demand keeps house prices steady September 29, 2011 PRICES increased slightly in September compared with August’s level but fell over the last quarter and year, a leading poll showed yesterday. Nationally, prices rose by 0.1 per cent on a monthly basis, but declined by 0.1 per cent over the past three months, and by 0.3 per cent over the year to September. The [...]
SBI launches buy to let mortgages in UK September 21, 2011 STATE Bank of India is entering the British buy-to-let mortgage market as part of a push to increase the size of its retail division. The lender, which is majority owned by the Indian government, has just begun offering sums of between £50,000 and £1.5m to professional landlords and people who own second homes. It plans [...]