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  • April 20, 2014
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  1. Property - International - BRITAIN

    Mainland buyers of British property unfazed by new taxes

    Posted Apr 18th 2014, 10:37am by Toh Han Shih

    ... In its budget, delivered on March 19, the British government announced the existing 15 per cent rate of stamp duty land tax would be extended to the purchase of a residential property for more ...

  2. Property - International - BRITAIN

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

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

    ... economic recovery. The Bank of England, the central bank, is watching closely as it considers when to start raising interest rates from record lows. Mark Carney, the bank's governor, has given ... report prepared for the Home Builders Federation, that the number of new, privately built homes would need to almost treble to 260,000 a year to bring down Britain's rate of house-price ...

  3. News - World - BRITAIN

    British premier David Cameron rejects call to fire minister in expenses row

    Posted Apr 04th 2014, 01:24am by Reuters

    ... Miller repay money she had claimed to cover mortgage interest payments. It said it accepted the money had been claimed inadvertently due to a sudden drop in interest rates. It also rejected ...

  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 ... the increase in net asset value, including more office space let, with occupancy rates rising to 97 per cent, the highest since the financial crisis, and more demand for retail space, where yields had ...

  5. Property - International - BRITAIN

    UK house builders set plans for expansion after government boost

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

    ... Nicolson said it would be setting up a third business focused in the Home Counties region around London, which could add up to 600 homes a year to its completion rates once it was fully ... the confidence". The Help to Buy scheme has benefited the house builders by accelerating Britain's housing recovery and shoring up demand to boost selling rates and profits. It has also allowed ...

  6. Property - International - BRITAIN

    British house prices still rising

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

    ... cent. "Demand continues to be supported by record-low interest rates, improved credit availability and rising consumer confidence thanks to the healthy gains in employment," said ... 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 ...

  7. News - World - BRITAIN

    British study says global warming will not be the end of killer winters

    Posted Feb 24th 2014, 10:05pm by Reuters

    ... Reuters in Oslo Global warming will fail to reduce high winter death rates as some officials have predicted because there will be more harmful weather extremes even as it gets less cold, ... linked to rising greenhouse gas emissions, might even raise death rates. Lead author Philip Staddon of the University of Exeter said that the findings were likely to apply to other developed ...

  8. News - World - BRITAIN

    Three former Barclays bankers charged over Libor fraud in Britain

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

    ... rate-rigging scandal, Britain’s Serious Fraud Office said in a statement on Monday. The scandal over Libor, an interest rate at the heart of the global economy, has badly damaged the reputation ... rate. That came one month after it filed similar charges against former UBS and Citigroup trader Tom Hayes. The Libor scandal erupted in 2012 when British bank Barclays was fined £290 million ...

  9. Property - International - BRITAIN

    London's property market slows down after red-hot year

    Posted Jan 22nd 2014, 04:34am by Bloomberg

    ... growth rate in 2013," said Richard Holt, an economist at Capital Economics. "We project that to continue this year and next, with several of the UK's more northern or peripheral ... with Yorkshire and Humber increasing 4.5 per cent. Prices in the north declined 1 per cent. From a year earlier, UK asking prices for homes have risen 6.3 per cent this month, the highest annual rate ...

  10. Property - International - BRITAIN

    Housing market recovery causes Bank of England to shift stimulus efforts

    Posted Dec 04th 2013, 05:33am by Reuters

    ... cent below their peak in late 2007. With the economy growing at an annualised rate of more than 3 per cent, property prices look set to rise further. By contrast, business lending has not taken ... budget statement next week. Consumer credit grew at an annualised rate of 6 per cent in the three months to October, slowing from a month earlier. The £500 million increase in October alone ...




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