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  • October 30, 2014
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  1. Business - Banking & Finance - BRITAIN

    Minutes show BOE fears over euro area

    Posted Oct 23rd 2014, 06:25am by Bloomberg

    ... Bloomberg in London Minutes show BOE fears over euro area Mark Carney's majority at the Bank of England hardened its view on interest rates this month, saying increased risks from ... to keep the benchmark rate at a record low 0.5 per cent. The committee said pessimism about the global economy had increased and there was "mounting evidence of a loss of momentum in the euro ...

    http://www.scmp.com/business/banking-finance/article/1622365/minutes-show-boe-fears-over-euro-area
  2. Business - Economy - BRITAIN

    Drop in jobless rate points to rebound in Britain

    Posted Sep 18th 2014, 05:57am by Bloomberg

    ... Bloomberg in London Drop in jobless rate points to UK revival British unemployment fell to the lowest in six years, indicating continued strength in the labour market that Bank of England governor Mark Carney says will eventually boost earnings. The jobless rate based on International Labour Organisation methods dropped to 6.2 per cent in the three months to July from 6.4 per cent, ...

    http://www.scmp.com/business/economy/article/1595010/drop-jobless-rate-points-rebound-britain
  3. Property - International - BRITAIN

    London home prices lose their fizz as construction booms in city

    Posted Oct 08th 2014, 07:16am by Bloomberg

    ... in London, developers are steaming ahead just as prices are starting to fall. Homebuilding in central London doubled in two years as record-low interest rates and demand from overseas buyers drove up ... of this year, the pillars supporting the London market- a cheap pound, record-low interest rates and the city's reputation as a haven for foreign buyers- have been eroding for months. British ...

    http://www.scmp.com/property/international/article/1611459/london-home-prices-lose-their-fizz-construction-booms-city
  4. News - World - BRITAIN

    Britain's Conservatives vow to crack down on tax-avoiding tech firms

    Posted Sep 30th 2014, 04:27am by AFP

    ... firms use to reduce tax bills. Osborne also revealed he would scrap the tax rate on inherited pension funds if the party was re-elected- a plan aimed to attract older voters. The decision ...

    http://www.scmp.com/news/world/article/1604012/britains-conservatives-vow-crack-down-tax-avoiding-tech-firms
  5. 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
  6. 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
  7. 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
  8. 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
  9. 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
  10. 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

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