World daily financial, business news stories | Money Avenue Finance News

House Prices in UK Will Remain Stable in 2012 – Halifax

Wed, 14 Dec 2011 04:51:32 +0000

In its latest forecast for the British property market, experts at Halifax said that house prices in the country will remain the same in 2012.Currently, an average...

UK House Prices Remain Unchanged in November

Tue, 13 Dec 2011 04:48:48 +0000

According to the results of the latest market analysis performed by LSL Property Services Plc and Acadametrics Ltd., house prices in Great Britain remained unchanged...

UK House Prices Fall 0.9% in November

Wed, 07 Dec 2011 05:44:18 +0000

According to the latest house prices report by Halifax, mortgage arm of Lloyds Banking Group Plc, property values in the UK fell in November 2011.The month-on-month...

Nationwide Publishes House Price Index for November

Wed, 30 Nov 2011 06:13:19 +0000

Yesterday, on November 29th Nationwide building society published its house prices report.According to it, the average value of home in Great Britain rose by 0.4...

The UK Government to Fund Youth Employment

Mon, 28 Nov 2011 05:56:14 +0000

On Friday, November 25th the UK Government represented by Deputy Prime Minister Nick Clegg said that it will subsidise employers that hire young workers.In an attempt...

UK growth falls to just 0.1%

Thu, 06 Oct 2011 01:06:05 +0100

David Cameron s government have been left to face up to tough questions in the wake of news that the UK s economic growth is on a downward trajectory. Figures...

IT Specialists Are Demanded in UK

Thu, 01 Sep 2011 08:00:03 +0100

Demand for IT specialists will always be strong, says Mark Gray of IT recruiter Greythorn.A research performed by IT recruiter Greythorn revealed that as many...

UK Recovery Struggling

Thu, 28 Jul 2011 07:00:00 +0100

The Government came under fire yesterday following the announcement of economic growth of just 0.2% in the three months to June, a drop from the 0.5% in the...

London Property Demanded by Rich People – Zoopla

Thu, 02 Jun 2011 07:13:14 +0100

A recent research carried out by Zoopla, UK-based property website, revealed that London tops the property rich list.The annual study performed by the...

Lagarde Announces IMF Bid

Fri, 27 May 2011 07:00:00 +0100

French finance minister Christine Lagarde had formally announced her intention to run for the top position at the International Monetary Fund following the...

Strauss-Kahn Allegations Loom over European Bailout Talks

Tue, 17 May 2011 07:00:00 +0100

Further negotiations regarding the bailouts of Portugal and Greece took place yesterday, but the talks were overshadowed by the arrest of IMF director...

Worrying Prospects for the UK as Growth Forecasts are Cut

Thu, 12 May 2011 07:00:00 +0100

The future appears fairly bleak for the UK economy following the announcement yesterday by the Bank of England of both lower prospects for growth and rising...

Bank of England Likely to Retain 0.5% Interest Rate

Thu, 05 May 2011 07:00:00 +0100

The Bank of England are expected to announce today that the base rate will remain at the low of 0.5%, despite concerns about increasing levels of inflation and...

The Wedding of Prince William and Catherine Middleton – April 29, 2011

Fri, 29 Apr 2011 08:22:22 +0100

Today, on April 29th 2011 Prince William and Kate Middleton finally get married.This royal wedding attracted attention of everyone in the world and the young...

UK Property Supply Exceeds the Demand – Rightmove

Wed, 20 Apr 2011 09:02:18 +0100

The latest figures recently released by UK agency Rightmove suggest that the number of property sellers significantly exceeds the number of buyers. Experts,...

Disputes Erupt over UK Involvement in Future Eurozone Bailout Fund

Mon, 18 Apr 2011 00:08:36 +0100

Tensions emerged yesterday concerning the potential of UK involvement in the future European Stability Mechanism, a fund designed to be used in the even that a...

World Economies Feel the Aftershock of Japanese Disaster

Tue, 22 Mar 2011 07:48:53 +0000

In the wake of Japan s recent earthquake, tsunami and nuclear worries the world economy braces itself for further shocks at an already difficult time. The...

Libyan Troubles Push Up Global Oil Price

Tue, 22 Feb 2011 08:55:52 +0000

The price of oil reached a record high yesterday following the recent unrest in Libya. Fears about regime change and its effect on access to oil supplies in...

China Becomes World's Second Largest Economy

Tue, 15 Feb 2011 08:14:55 +0000

It emerged yesterday that the economy of China had overtaken that of Japan to become the second largest in the world. China s economy was worth $5.8 trillion...

Obama Unveils Tough Austerity Measures

Tue, 15 Feb 2011 08:13:42 +0000

United States President Barack Obama yesterday announced significant spending cuts in his budget plans for 2012. The budget, which Obama hopes will restore...

UK House Prices Increase by 91% in 10 Years

Wed, 02 Feb 2011 07:43:51 +0000

The latest research carried out by Halifax showed that UK house prices rose almost by 100% in the past 10 years.Interestingly enough, this figure stands at...

UK Economy Shrinks in Fourth Quarter of 2010

Wed, 26 Jan 2011 07:07:09 +0000

Shocking new figures were released yesterday by the Office of National Statistics suggesting the British economy shrank by 0.5% in the fourth quarter of last...

US House Prices Fall Postponing Market Recovery – CoreLogic

Thu, 13 Jan 2011 07:52:32 +0000

A report on 2010 house prices in the United States, published by CoreLogic in January, suggests that property values declined by as much as 5.07%, marking 4...

Jamaica’s Half Moon Added to RockResorts Portfolio

Wed, 08 Dec 2010 08:03:35 +0000

A recent announcement from RockResorts International suggests that sophisticated travellers will be able to enjoy high-quality brand resorts on...

Snowfalls Result in Flight Delays across Europe

Thu, 02 Dec 2010 07:59:34 +0000

Today's reports suggest that weather conditions in Europe result in significant flight delays and cancellations.December 2nd is the second consecutive day of...

Ireland looks set for Bailout Funded by the UK, EU and IMF

Fri, 19 Nov 2010 07:00:16 +0000

The Irish government will begin negotiations today with the International Monetary Fund in the hope of securing assistance to remedy its problematic financial...

Drastic action taken by the government as Korean cabbage prices go through the roof

Thu, 11 Nov 2010 07:06:48 +0000

An alarming increase in cabbage prices in South Korea has caused the countries President to step in and take drastic action.Kimchi, a traditional pickled...

China is Making a Move to Manage the Inflation Expectations

Thu, 04 Nov 2010 07:30:28 +0000

The Chinese Monetary Policy report Q3 2010 published by People’s Bank of China on November 2 claims that the price trend in China seems uncertain and...

Singapore Exchange (SGX) agrees deal with Australian Securities Exchange (ASX) to create potential Asian powerhouse

Tue, 02 Nov 2010 07:35:40 +0000

The Singapore Exchange (SGX) announced on Monday the agreement of an US$8.4 billion takeover of the Australian Securities Exchange (ASX). If it were to go...

Weeks of waiting: IMF reviews Iceland's financial SOS appeals

Wed, 07 Apr 2010 07:54:22 +0100

On Sunday, Icelandic Minister of economics said he was quite optimistic about the International Monetary Fund (IMF) review that could be finished within weeks,...

Today's Uprise in Jamaican Property Taxes

Mon, 05 Apr 2010 14:13:04 +0100

Henceforth, Jamaicans will have to pay as much as 60% more for property taxes effective April 1st.On Tuesday night, Finance and Public Minister Audley Shaw,...