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December 2008
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Please click on a story below to read full article, select a category from the left hand menu or select a date archieve from the menu below.

Tax and Financial - November 2008

House prices in UK continue downward slide
Tax and Financial News - 28/11/2008 @ 14:19
According to a report from Nationwide, UK house prices slipped by 0.4 per cent through November, producing a year-on-year decline of nearly 14 per cent. Despite the continued decline, however, the housing market seems t . . .
 House prices in UK continue downward slide
House prices in UK continue downward slide

Cost of bricks to increase next year
Tax and Financial News - 28/11/2008 @ 11:23
The UK housing industry has taken another blow with the news that the cost of bricks is likely to go up by up to 15 per cent next year, reports building.co.uk. Three of the UK's most prominent brickmakers announced that . . .
 Cost of bricks to increase next year
Cost of bricks to increase next year

Bank of England governor warns of "steep . . .
Tax and Financial News - 26/11/2008 @ 14:15
Mervyn King, governor of the Bank of England, has warned that "steep recession" is possible in Britain if UK lenders continue current inhospitable trends, reports the BBC. The governor zeroed in on lenders' ac . . .
 Bank of England governor warns of
Bank of England governor warns of "steep recession"

BBA figures show continued decline in mortgag . . .
Tax and Financial News - 25/11/2008 @ 16:00
According to new figures from the British Bankers' Association (BBA), mortgage lending continued to decline throughout October. The number of mortgages approved in October this year was over 50 per cent lower than it wa . . .
 BBA figures show continued decline in mortgage lending
BBA figures show continued decline in mortgage lending

Repossessions rise in third quarter
Tax and Financial News - 24/11/2008 @ 15:00
According to new data from the Council of Mortgage Lenders (CML), the number of repossessions in the UK rose by 12 per cent in the third quarter of this year. The CML's report found that 11,300 properties were repossess . . .
 Repossessions rise in third quarter
Repossessions rise in third quarter

Morgan Stanley forecasts continued dramatic d . . .
Tax and Financial News - 07/11/2008 @ 16:00
Morgan Stanley has forecast continued dramatic decline in UK property stocks owing to the lack of capital available on the banking system, reports the Economic Times. The organisation predicted an additional decline of . . .
 Morgan Stanley forecasts continued UK property decline
Morgan Stanley forecasts continued dramatic decline in UK property stocks

Caribbean property recommended for Self-Inves . . .
Tax and Financial News - 06/11/2008 @ 16:00
Caribbean property can be purchased as part of a Self-Investment Personal Pension (Sipp) in order to enjoy tax breaks in the region, reports easier.com. Market specialist firm GEM Estates is recommending the scheme as a . . .
 Caribbean property recommended for Self-Investment Personal Pension
Caribbean property recommended for Self-Investment Personal Pension

House prices show additional 2.2 per cent dec . . .
Tax and Financial News - 06/11/2008 @ 13:53
House prices in the UK have exhibited a further decline of 2.2 per cent, according to new data for October released by the Halifax. The continuing fall means that house prices have slipped by nearly 14 per cent through . . .
 House prices show additional 2.2 per cent decline
House prices show additional 2.2 per cent decline

Manufacturing in UK falls for sixth consecuti . . .
Tax and Financial News - 04/11/2008 @ 16:00
A new survey shows that manufacturing in the UK has fallen for the sixth consecutive month as the economy slides into technical recession. Data from the CIPD/Markit manufacturing index showed a slight improvement on Sep . . .
 Manufacturing in UK falls for sixth consecutive month
Manufacturing in UK falls for sixth consecutive month

Britons lose faith in their property
Tax and Financial News - 04/11/2008 @ 13:27
According to a new study from Alliance Trust, a greater number of Britons have lost faith in the value of their property supporting them in retirement. The research found that only nine per cent of homeowners currently . . .
 Britons lose faith in their property
Britons lose faith in their property

Value of luxury London homes shows steepest f . . .
Tax and Financial News - 03/11/2008 @ 16:00
The value of luxury homes in London fell by the steepest amount in over 30 years in October, reports Bloomberg.com. The website reports new figures from Knight Frank, which show that the average value of properties in t . . .
 Value of luxury London homes shows steepest fall for 30 years
Value of luxury London homes shows steepest fall for 30 years

 

 

 

 
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