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  • September 15, 2014
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  1. Property - International - BRITAIN

    Britain's housing prices stagnate

    Posted Sep 10th 2014, 04:43am by Reuters

    ... it expected it could control the housing market without having to raise interest rates. Several measures of the housing market have suggested a slowing in the pace of price growth. Knight Frank believes the central bank's base rate would rise to hit 1 per cent by the fourth quarter of 2015, and 2 per cent by the fourth quarter of 2016. A more rapid rise would quickly translate ...

    http://www.scmp.com/property/international/article/1588770/britains-housing-prices-stagnate
  2. News - World - BRITAIN

    Scotland's pro-independence leaders bet on oil as rivals say wells in decline

    Posted Sep 15th 2014, 04:55am by WASHPOST

    ... wages and lowest unemployment rates in Europe. Leaders of the campaign to break from Britain in Thursday's referendum are counting on the spoils of "Scotland's oil" to spread ...

    http://www.scmp.com/news/world/article/1592519/scotlands-pro-independence-leaders-bet-oil-rivals-say-wells-decline
  3. News - World - BRITAIN

    Scottish independence vote sparks larger debate on Britain’s future

    Posted Sep 05th 2014, 10:16pm by AFP

    ... In Northern Ireland, the debate has also given impetus to demands for the power to set corporate taxes to compete with the 12.5 per cent rate in the South- far below the main 21 per cent rate set ...

    http://www.scmp.com/news/world/article/1586079/scottish-independence-vote-sparks-larger-debate-britains-future
  4. Property - International - BRITAIN

    London property market stalls as buyers resist higher prices

    Posted Sep 03rd 2014, 03:50am by Bloomberg

    ... said. Homes in the capital took an average of 4.9 weeks to sell, up from 4.3 weeks in July. While the BOE's benchmark interest rate has been at a record-low 0.5 per cent since March 2009, policymakers Martin Weale and Ian McCafferty voted for an increase this month. Investors are betting the rate will increase to 0.75 per cent in May next year, according to futures contracts. ...

    http://www.scmp.com/property/international/article/1583862/london-property-market-stalls-buyers-resist-higher-prices
  5. Property - International - BRITAIN

    London homes face biggest price drop in 6 years

    Posted Aug 20th 2014, 05:21am by BLOOM

    ... Bloomberg in London Home sellers slash asking rates as market in British capital endures steep summer slump London records biggest price drop in 6 years London home sellers cut asking ... as anticipation of higher interest rates, are putting pressure on the market after a surge in values raised concerns that a bubble may develop. "Buyers and sellers are becoming increasingly aware ...

    http://www.scmp.com/property/international/article/1577026/london-homes-face-biggest-price-drop-6-years
  6. News - World - BRITAIN

    Iron Maiden singer Bruce Dickinson calls for fight to save British pubs

    Posted Aug 13th 2014, 09:30pm by AFP

    ... the Campaign for Real Ale, which says pubs are closing at a worsening rate- now 31 a week- and being turned into supermarkets and estate agencies. Other "public houses", to give them ...

    http://www.scmp.com/news/world/article/1572937/iron-maiden-singer-bruce-dickinson-calls-fight-save-british-pubs
  7. Business - Economy - BRITAIN

    Policymaking committee shake-up may help Carney beat rates pressure

    Posted Jun 05th 2014, 05:34am by Reuters

    ... Reuters in London Host of new faces on rate-setting panel fit well with Bank of England governor's broader focus on the influence of finance on the economy Committee shake-up may aid ... growing pressure to raise interest rates. Adding to a host of new faces already at the bank, three of the nine seats on its interest rate-setting committee are due to change hands by August, ...

    http://www.scmp.com/business/economy/article/1525518/policymaking-committee-shake-may-help-carney-beat-rates-pressure
  8. Property - International - BRITAIN

    Bank of England opts for cautious approach on housing market

    Posted May 07th 2014, 05:01am by Reuters

    ... ago, the committee gained sweeping but largely untried powers to curb excesses in the financial sector. One option the central bank has ruled out for now is a rise in interest rates, as it does not want to derail a recovery that is more fragile in other parts of the economy. Instead, it may require banks to check that new borrowers could cope with much higher interest rates, make banks ...

    http://www.scmp.com/property/international/article/1505919/bank-england-opts-cautious-approach-housing-market
  9. News - World - BRITAIN

    London skyscraper The Gherkin goes into receivership

    Posted Apr 25th 2014, 08:57pm by GDN

    ... to currency issues, rather than any difficulties with the wider property market. Changing exchange rates had inflated the size of the original loan and the owners failed to make several debt payments. ...

    http://www.scmp.com/news/world/article/1496904/london-skyscraper-gherkin-goes-receivership
  10. 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 ...

    http://www.scmp.com/property/international/article/1486708/mainland-buyers-british-property-unfazed-new-taxes

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