Tag: Economy

Inflation set to remain low

Inflation is not likely to rise above 1% for the remainder of the year, with falling oil prices and prolonged low interest rates emblematic of a period of financial relief for Britain’s consumers, according to a new report.

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Posted by: Leanne Halsey Categories: Conveyancing Careers, Economy, Latest News Tags: , , Leave a comment

Bank of England’s MPC United on Holding Interest Rates

The Bank of England have agreed to keep interest rates at a record low of 0.5%. This came after a retreat by two members of the Bank’s flagship Monetary Policy Committee (MPC), Ian McCafferty and Martin Weale, who had originally … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Latest News Tags: , , Leave a comment

2015 property market looking good

So it has been quite a year for the UK property market, we have seen house prices soar in London and big changes to the way the mortgage market operates. We are heading into 2015 with a healthy market, talk … Continue reading

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Posted by: Samantha Turner Categories: House Prices, Industry News, Latest News, Uncategorized Tags: , , , 1 Comment

UK wage growth accelerates; unemployment stabilises

In the wake of CPI growth slowing to 1% in November, wage growth in the UK has now exceeded inflation for the first time since September 2009.

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Posted by: Leanne Halsey Categories: Economy, Latest News Tags: , , Comments Off

1 in 10 of us will get a second job to cover the cost of Christmas

New research shows that 21.2 million people are looking at other ways to help them raise funds to pay for Christmas. According to a survey from Scottish Friendly, 1 in 5 Londoners will be looking for a second job to … Continue reading

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Posted by: Samantha Turner Categories: Economy, Finance, Uncategorized Tags: , , , , , Comments Off

Interest rate rise on the cards

Mark Carney, talking to Birmingham Post, had claimed that inflation is likely to drop below 1% over the next few months, not rising again until late 2015. “…for this economy to have balance and inflation to get back to 2% … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Industry News Tags: , , 1 Comment

Inflation continues to increase in October while food prices drop

Consumer price inflation ratcheted up to 1.3 per cent during October, while the price of food, petrol, and plane tickets fell less than they did in October of last year – according to official figures.

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Posted by: Leanne Halsey Categories: Economy, Industry News Tags: , , Comments Off

Housing is still much more affordable than 2007 in every region except London

Housing affordability is crucial to the fortunes of the residential housing market – and the wider economy. Yet its measurement isn’t necessarily as easy to grasp as one might think. Hamptons International’s new Ability to Buy Index provides a more … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Property News Tags: , , , , , , Comments Off