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Finance News

Lower prices on the horizon as market stalls 11.08.08

Growing uncertainty over the government's implementation of a stamp duty holiday has caused the housing market to freeze, according to estate agents.

MPC keep rates at five pc 08.08.08

The Bank of England's Monetary Policy Committee (MPC) has decided once again to fix UK base rates at five per cent.

Darling grazes options for homebuyers 06.08.08

The chancellor has drawn up a series of measures to aid homebuyers and to promote first time buyers reaching the property ladder.

OFT to consult on irresponsible lending 04.08.08

The Office of Fair Trading (OFT) has announced its plans for a consultation on irresponsible lending, following changes to the Consumer Credit Act.

Financial jobs market healthy, says expert 30.06.08

City workers looking to switch jobs are to be rewarded handsomely, according to new figures, which show a rise of five per cent in average salaries.

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City attacks Brown on windfall tax

The City of London has launched a campaign against Gordon Brown in order to convince him that...

TaylorWimpey reports £1.5bn loss

TaylorWimpey has reported phenomenally poor first half results for the year so far, recording a...

Lakesmere report positive results

Lakesmere has reported a massive rise in profits between the six months to January 2008 and June...

Government split over energy firm profits

Energy companies could avoid a possible windfall tax on recent profits if they agree to do more to...

Bovis reports 80pc drop in profits

The six months to June 30 this year have given Bovis one of the worst six months on record, as its...

Government reaffirms alignment with EDF

The UK's energy minister, Malcolm Wicks, has explained that EDF Energy is still the government's...

Housing sales 'should be restructured'

The government's insistence on implementing Home Information Packs (HIPs) has hurt the housing...

Property market set to remain stale as banks remain vigilant

Banks will be asking potential buyers of new and newly renovated properties what incentives they...

Andrew Somerville (Head of the CS&P Legal Team) to participate in Debate on Decision making Processes & Entrepreneurship

Business leaders wrestle constantly with a big dilemma: how to encourage risk-taking and...

Owners finally benefiting from housing slump

The housing correction has until now been seen as a disaster for all concerned but, with banks...