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EDF Energy becomes second UK supplier to announce 10 percent price rise

FILE PHOTO: The logo of Electricite de France SA (EDF) is pictured on the facade of a building in Paris, France, August 5, 2018. Picture taken August 5, 2018. REUTERS/Regis Duvignau/File Photo LONDON (Reuters) – EDF Energy will raise its Read more ›

UK house prices stagnate ahead of Brexit – Nationwide

FILE PHOTO: Estate agent’s signs hang from houses in the Selly Oak area of Birmingham, Britain September 25, 2018. REUTERS/Darren Staples LONDON (Reuters) – British house prices rose by just 0.1 percent in annual terms in January, their weakest increase Read more ›

UK consumer morale stuck at lowest since 2013 as Brexit nears

LONDON (Reuters) – British consumers remained their gloomiest in five-and-a-half years this month as a small improvement in their personal finances offset growing concern about the outlook for the next 12 months, when Britain is due to leave the European Read more ›

UK mortgage lending slows in December – UK Finance

FILE PHOTO – Property sale signs are seen outside of a group of newly built houses in west London, Britain, November 23, 2017. REUTERS/Toby Melville/File Photo LONDON (Reuters) – British banks approved fewer mortgages last month than in November and Read more ›

Gloom shrouds UK housing market outlook as Brexit nears

LONDON (Reuters) – The outlook for Britain’s housing market is darkening fast ahead of Brexit, with sales expectations falling to their lowest level in at least 20 years by one measure, surveys showed on Thursday. FILE PHOTO: Property sale signs Read more ›

All the rage: Beijingers vent their stress in 'anger room'

It took Smash customer Qiu Siyu just a few sharp blows with a baseball bat to wreck what looked like an old car radio, after which two friends battered telephones, audio speakers, rice cookers and even a mannequin. Source link

British banks’ new disputes service too limited, MPs say

LONDON (Reuters) – Big British banks have been criticised by lawmakers for pressing ahead with plans for a new complaints service for small firms wronged by lenders, which they argue is too soft. FILE PHOTO: The City of London from Read more ›

UK mortgage approvals show first annual rise in 14 months – UK Finance

LONDON (Reuters) – A decline in the number of mortgages approved by British high-street banks flattened out last month, with the first year-on-year rise since September 2017, figures from industry group UK Finance showed on Friday. FILE PHOTO: Property sale Read more ›

UK watchdog orders shake up of advisers to pension trustees

LONDON (Reuters) – Poor competition in the market for advice to pension fund trustees has resulted in “substantial customer detriment”, Britain’s competition watchdog said on Wednesday. FILE PHOTO: The sun sets behind the Canary Wharf financial district of London, Britain, Read more ›

Brexit worries push UK house price gauge to six-year low – RICS

LONDON (Reuters) – A measure of British house prices hit a six-year low in November as the approach of Brexit put off buyers and sellers, a survey of property valuers showed on Thursday. FILE PHOTO: A woman passes the window Read more ›