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  • April 16, 2014
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  1. Property - International - BRITAIN

    Britain must build one million homes to meet shortfall, says new report

    Posted Apr 16th 2014, 05:39am by Reuters

    ... of the capital on a high-speed rail line. Yet that number of homes is a mere drop in the ocean, says a housing report last month by a former Bank of England policymaker: it suggests Britain needs ... with the site's owner, Land Securities, to get work started in disused chalk quarries. Construction in England slumped after the 2007-09 financial crisis when banks, alarmed by a 20 per cent drop ...

  2. News - World - BRITAIN

    Emirati woman attacked in London hotel burglary has 5pc brain function left

    Posted Apr 13th 2014, 06:00am by AFP

    ... of the victims' bank cards. Philip Spence, a 32-year-old man from London who is accused of the attack, is in police custody. ...

  3. Property - International - BRITAIN

    Londoners priced out of home market blast foreign buyers

    Posted Apr 09th 2014, 04:28am by Bloomberg

    ... investors. Battersea Power Station, the derelict brick landmark on the south bank of the River Thames that featured on the cover of rock band Pink Floyd's Animals album, is one of London's ... for assets that would hold their value. Increasing numbers of Britons were left out of the market as banks restricted mortgage lending and unemployment increased. Spending by non-British investors ...

  4. Property - International - BRITAIN

    Songbird Estates' results buoy London property market

    Posted Apr 02nd 2014, 05:47am by Reuters

    ... the risk of overheating in property prices remains a concern to the Bank of England, which urged banks to consider the risk of interest rate increases when they approve mortgages and said ... properties, but has been broadening the appeal of its Canary Wharf site beyond major banks and financial firms, with space dedicated to technology start-ups and plans for residential development. ...

  5. Business - Banking & Finance - BRITAIN

    Bailed-out banks' bonuses put pressure on Britain's George Osborne

    Posted Mar 09th 2014, 06:22am by GDN

    ... The Guardian in London Payments to RBS and Lloyds executives inflame row over City pay Bailed-out banks' bonuses bring pressure for Osborne British finance minister George Osborne is facing calls to explain bonus payouts worth around £35 million (HK$454 million) that have been handed out by the bailed-out Royal Bank of Scotland and Lloyds Banking Group. The scale ...

  6. Property - International - BRITAIN

    Lloyds banker bearish on London's luxury property market

    Posted Mar 26th 2014, 07:34am by BLOOM

    ... Bloomberg in London Lloyds executive says top-performing British sector due for correction Banker bearish on London's luxury market Lloyds Banking Group plans to avoid funding the development of projects in London's luxury- home market, where it sees losses ahead for investors, according to the lender's head of corporate real estate. "I'm worried about ...

  7. Property - International - BRITAIN

    British house prices still rising

    Posted Mar 05th 2014, 05:16am by Bloomberg

    ... in full-year profit. Bank of England governor Mark Carney plans to keep the benchmark interest rate at a record-low 0.5 per cent, and says if action is needed to cool housing, the Financial Policy ...

  8. News - World - BRITAIN

    Britain's Ukip eyes more seats in European Parliament ahead of poll

    Posted Mar 03rd 2014, 03:21am by AP

    ... Associated Press in London United Kingdom Independence Party banks on anti-EU sentiment among voters worried too much power has been ceded to Europeans Party eyes Euro pollto get out ... of Britain's 73 spots. The May 22 election comes roughly a year before Britain's House of Commons election, where Ukip has yet to win any seats. Farage is banking on anti-EU and anti-immigrant ...

  9. News - World - BRITAIN

    Three former Barclays bankers charged over Libor fraud in Britain

    Posted Feb 17th 2014, 08:45pm by AFP

    ... Agence France-Presse in London Former Barclays bankers charged over Libor fraud Three former employees of banking giant Barclays have been charged in connection with the Libor interest ... of London’s financial centre and several big names in world banking. The SFO said it had launched criminal proceedings “in connection with the manipulation of Libor”, while the three are alleged ...

  10. News - World - BRITAIN

    Wartime spirit helps defiant communities battle floods in Britain

    Posted Feb 11th 2014, 10:40pm by AFP

    ... Residents of a village near London evoked Britain's "wartime spirit" as they faced freak floods. After the Thames burst its banks, posing a serious threat to the capital, they rallied ... severe flood warnings- meaning lives are at risk- in affluent Surrey and Berkshire to the west of the capital, after the Thames broke its banks on Monday. Some areas are already under water, ...




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