Ed vows no to SNP
May01

Ed vows no to SNP

‘LABOUR leader Ed Miliband confirms no SNP deal last night, telling a live audience that he will not team up with Nicola Sturgeon after 7 May elections, but was he just trying to call her bluff? Miliband said in a live BBC Question Time election special. “I am not going to have a Labour government if it means deals or coalitions with the Scottish National Party.”   The Conservatives now have a 5 point lead in the polls in...

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Sterling at 5 yr high V USD

Sterling hit a fresh a five-year high against the dollar on Monday (June 16th) after rising last Friday following Bank of England governor Mark Carney’s hints about an imminent interest rate rise. GBP/USD consolidated at 1.6975 after the pound-dollar exchange rate briefly breached the key 1.70 level, as sterling’s surge continued as investors bet on borrowing costs increasing before Christmas. Meanwhile, the dollar was under...

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UK house prices see double-digit rise, Nationwide’s May data show – FT.com
Jun03

UK house prices see double-digit rise, Nationwide’s May data show – FT.com

UK house prices see double-digit rise, Nationwide’s May data show – FT.com.

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Are expats behind the US holiday home surge?

For Brits looking to move abroad, the US holds a strong appeal, especially for second-homers seeking a relatively cheap place in the sun. Now, figures indicate a surge in buyers, potentially coming from abroad, as the American property market continues to recover. New data from the National Association of Realtors (NAR) shows holiday home sales climbed by nearly a third last year to an estimated 717,000. Purchases were up 29.7 per...

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ECB prepares ground for QE?

The euro has slumped to its lowest in a month this week, weighed down it seems by growing expectation that the European Central Bank (ECB) will pursue further monetary easing to combat the threat of deflation. In particular, the usually hawkish Bundesbank appears to have softened its stance. Jens Weidmann, the bank’s president and a member of the ECB governing council, this week hinted that the bank would consider negative deposit...

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Where are property prices rising the most?

House prices in the UK are soaring – anyone trying to get their foot on the property ladder right now will attest to that. But Britain is the not the only place where people are shelling out even more for a home than they had to last month. Global property prices are on the rise, according to a measure of values around the world, but there are pockets of resistance where there are bargains to be found. The good news for anyone...

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