UK property asking prices stagnating, lifting hopes of softer landing for housing market – business live
UK property asking prices rose by just £14 in February, weakest gain on record, Rightmove reports, with sellers ‘more realistic’ about what property is worth Loss of nearly 15,000 UK retail jobs a ‘brutal start to 2023’, report says In the City, shares in retail group Frasers are leading the FTSE 100 risers after it […]
Investment bootcamp: five ways to make your money work harder
Knowing the best way to invest your money can be tricky – especially during economically volatile times. These expert tips will help you decide where to put your hard-earned cash – and how to make the most of it If you’re thinking about investing for the first time, your instinct may be to delay transferring […]
From hidden costs to lack of knowledge: seven misconceptions that stop people from investing
Whether you’re worried about timing it right or not having enough expertise, there are always concerns when it comes to investing. Experts explain why you should put your fears aside and make the leap People have all sorts of reasons why they don’t invest their money – whether it feels like it’s too late in […]
UK mortgage deals: how to navigate the rollercoaster rates ride
Amid a debate about what is happening to the housing market, what are your options? We are in the grip of a mortgage price war, according to some experts – but it probably won’t feel like that if you are staring down the barrel of much higher monthly payments. It is certainly fair to say […]
Rats, mould, damp: one woman’s story reveals the ugly truth about the UK’s biggest housing association | Aditya Chakrabortty
A mother of three’s struggle with Clarion reflects a system rigged to favour asset-owners while renters are abandoned You will read the grim facts about Chanel Sultan’s life in a minute, but first let’s talk about her dreams. Like the law degree she has just started, or her hope to buy her own home. Like […]
Cost Of Living Crisis Could Plunge 35,000 UK Film & TV Workers Into Distress But Industry Mental Health Improving, Says Charity Report
As many as 35,000 UK film and TV workers could be plunged into financial distress over the coming year, according to new research from The Film & TV Charity, which revealed improvements to the industry’s mental health crisis. The charity’s third Looking Glass survey, which takes the industry’s temperature on mental wellbeing, bullying and working […]
UK property demand declines as house prices in England fall
Further slowdown likely amid interest rate rise and cost of living crisis, says surveyors’ body Rics Property sales and house prices continued to decline across the UK in January, while new buyer demand and fresh listings were also down, surveyors have reported. A net balance of -47% for new buyer inquiries was reported, down from […]
UK house sales outlook for 2023 remains ‘uncertain’, says Barratt
Housebuilder reports ‘modest uplift’ in reservations of new homes in January but remains cautious Britain’s largest housebuilder, Barratt Developments, has reported grounds for optimism in the UK housing market after an increase in sales in January – but it said the trading outlook for 2023 remains “uncertain”. Barratt reported a “modest uplift” in reservations of […]
UK house prices flat after four-month fall as interest rates bite
Halifax figures show average house price largely unchanged in January at £281,684 UK house prices were roughly flat in January, having fallen in the previous four months, according to Halifax. Average prices were stable at £281,684 last month, the lender said, after sharp falls of 1.3% in December and 2.4% in November. Continue reading…
UK house prices ‘stable in January’; anger as BP profits soar to record – business live
British house prices were unchanged in January, Halifax reports, but annual growth slowed to a three-year low of 1.9% Danny Blanchflower, a former Bank of England policy maker, has predicted that “collapsing” house prices will push the UK central bank into a rapid pivot toward interest rate cuts. Blanchflower, who is now a professor of […]