According to the latest report from the Royal Institution of Chartered Surveyors (RICS) house prices have increased by their fastest rate for four years, led by London increases. In its monthly survey RICS said that the number of members reporting rising prices versus falling prices had increased to 48 percent for October, an increase...
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Headlines in the UK are lamenting the end of a long held British tradition of free banking. If you live in the US, Australia or anywhere else in the world for that matter you’d wonder what all the fuss is about. Doesn’t everyone pay banking charges? Well not in the UK. It’s been a...
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The Bank of England issued its quarterly inflation report this morning and indicated that inflation may turn towards its target faster than predicted in its last report in August. Figures released show that the CPI is running at 2.4 percent, slightly lower than expected, but still 20 percent above the Bank’s set target. The...
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Start the clocks. This time next year should see the completion and launch of the final phase in the completion of the high speed London to Paris rail link after years of limping through the UK at the speed of a suburban line train. Eurostar have announced that 14th November 2007 will see the...
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In an action that sees BT trying to keep some control of the UK Internet, it announced the reduction of wholesale access prices for broadband yesterday. As the competition in the UK heats up it is BT, as well as more colourful companies like Bulldog that have suffered over the past few years. BT...
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Good news for those of you who were worried that oil would run out in the next few years. It seems that we’ve all had a stay of execution, as Cambridge Energy Research Associates (CERA) publishes figures that show the supply will not start to decline for at least another 24 years. CERA’s latest...
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