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Detached homes put on £91 a day

The average price of a detached family home has risen by more than any other property type over the past year. According to new research from Halifax, owners of detached properties saw the value of their homes increase by £91 a day over the year to the...

Published 09-02-2010 10:10 AM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, UK, Property News, Halifax, households, flats, average price, married, detached, semi, single person, terraced

UK inflation expected to ease slightly in July

The Office for National Statistics (ONS) is scheduled to announce the UK inflation rate this morning, with analysts expecting the annual rate to be around 3.1% – representing the eighth consecutive month that it has been above the Bank of England...

Published 08-17-2010 8:44 AM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, inflation, interest rates, UK, Bank of England, fall, RPI, CPI, VAT, target, July, interst rates, slightly

Credit Suisse to axe 75 British workers

Credit Suisse, which is Switzerland’s second-largest bank, has today announced it will axe 75 jobs at its British operations. “We are currently reducing headcount by approximately 75 in the United Kingdom in the investment bank and certain support...

Published 08-12-2010 6:43 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, UK, Banking News, Company News, job losses, Credit Suisse, Barclays Capital

UK trade deficit narrows in June

The Office for National Statistics (ONS) has today revealed the UK’s trade gap narrowed in June, due to a surge in exports. According to the ONS, exports of goods to non-EU countries were at an all-time high at £10.750 billion, while exports to the rest...

Published 08-10-2010 12:34 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, UK, exports, Office for National Statistics, ONS, imports, June, narrow, trade deficit, surge

UK retail sales lose momentum in July

The British Retail Consortium (BRC) today announced UK retail sales growth slowed in July as Government spending cuts dented consumer confidence. According to the BRC, like-for-like sales grew 0.5% in July compared with a year ago, down from 1.2% in June...

Published 08-10-2010 8:40 AM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, UK, British Retail Consortium, BRC, retail sales, growth, slow, July, World Cup

FSA approves Coventry Building Society merger

The FSA has approved a proposed merger between Coventry Building Society and Stroud & Swindon Building Society. Under the merger the two financial providers will come together from the start of September. The newly formed organisation will be called...

Published 08-06-2010 2:52 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, UK, Mortgage News, Property News, Banking News, Company News, merger, Coventry Building Society, Stroud & Swindon Building Society

Social enterprise creates jobs for autistic people

A new social enterprise to help people with autism find jobs has launched in Scotland. Specialisterne Scotland is set to recruit a dozen trainees with autism over the next six months. Those chosen for the programme will undertake four months training...

Published 08-05-2010 3:42 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, UK, Company News, Jobs, ethical finance, social enterprise, autism

UK car sales fall 13% on year in July

The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales fell by 13.2% in July compared with the same month in 2009. It was the first fall in a year following the withdrawal of the scrappage scheme and sales are expected...

Published 08-05-2010 11:55 AM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, UK, fall, SMMT, Society of Motor Manufacturers and Traders, scrappage scheme, first, car sales, year, July, VAT rise

Green entrepreneur to buy Forest Green FC

Eco-tycoon Dale Vince is poised to take over cash-strapped football club Forest Green, according to media speculation. Vince, 48, built his £85 million empire on wind power, making him Britain’s wealthiest green entrepreneur. He is understood to...

Published 08-04-2010 2:31 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, UK, investment, Investment News, green, energy, football, ethical finance, eco, Forest Green

Aviva welcomes plans to scrap compulsory retirement

Government plans to scrap the default retirement age are “great news” for those approaching retirement, according to pensions provider Aviva. Research by Aviva found nearly seven in ten (68%) of over-55s would like to continue working when...

Published 08-03-2010 5:34 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, UK, retirement, Pensions News, Government, Aviva

Coventry launches 3.2% tracker bond

Coventry Building Society has launched a two year base rate tracker bond. Savers are guaranteed a minimum rate of 3.2% until September 2012. There is no maximum cap on interest rates The bond can be opened with any amount between £1 and £250,000. Withdrawals...

Published 08-03-2010 5:32 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, UK, Banking News, new product, Coventry Building Society, tracker bond

US manufacturing activity expands for 12th straight month

The Institute for Supply Management’s (ISM’s) purchasing managers index (PMI) today revealed the US manufacturing sector expanded for the 12th month in a row in July. The growth was better than the 54.2 analysts had forecast with the index dipping to...

Published 08-02-2010 6:56 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, euro zone, Economy News, UK, US, manufacturing, China, sector, PMI, purchasing managers' index, activity

UK manufacturing activity slows further in July

The CIPS/Markit manufacturing purchasing managers’ index (PMI) has today revealed UK manufacturing activity slowed further in July. The closely-watched CIPS/Markit manufacturing PMI dipped slightly from 57.6 in June to 57.3 in July. However, the reading...

Published 08-02-2010 2:43 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, UK, manufacturing, slow, exceed, PMI, July, activity, forecasts, EEF, export orders, CIPS/Markit, Engineering Employers Federation

Reports provide cautious outlook for UK’s manufacturing industry

Published 08-02-2010 9:03 AM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, Economy News, UK, industry, manufacturing, CBI, strong, weak, demand, cautious, 2010, outlook, surveys, autumn, EEF, Engineering Employers Federation, start

Banks hide rate cuts from savers

Banks are keeping their customers in the dark about interest rate changes on their accounts, new research has found. The study by Which? Money found most banks rely on newspaper adverts or customers popping into their local branch to keep savers informed...

Published 07-29-2010 2:21 PM by Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News

Filed under: All Financial News, interest rates, UK, Banking News, research, Which?, British Bankers' Association

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