Month: September 2021

BEST OF THE BROKERS

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAll Things Auto | Search AdsBuick’s New Lineup Is Truly StunningAll Things Auto | Search AdsMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save ThousandsThe No Cost Solar Program whatsapp BEST OF THE BROKERS Tags: NULL Wednesday 1 September 2010 7:58 pm Sharecenter_img BUNZLShore Capital rates the distribution and outsourcing firm a “buy” at 710p. The broker upgraded its forecasts for pre-tax profit for the year by £6m to £279m after interim results this week. The broker was impressed by Bunzl’s return to acquisition-led growth, and believes investors should ignore the firm’s “worthy but dull” image.SMITH & NEPHEWBNP Paribas retains a “neutral” rating on the healthcare equipment company, but has raised its valuation by 15 per cent to 745p based on peer group valuation targets. While the market for elective surgery remains sluggish, the broker says shares are undervalued by around 30 per cent based on earnings per share projections.HARGREAVES LANSDOWNThe fund manager continues to command a premium valuation over the sector, according to Numis, which rates the stock a “hold” with a 375p target price. The broker has increased its earnings per share forecast from 18p to 18.3p and argues the shift to self-invested personal pensions will shore up the firm’s growth opportunities. More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Show Comments ▼ KCS-content last_img read more

Hargreaves’ future is out of its control

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Wednesday 1 September 2010 8:43 pm Show Comments ▼ whatsapp KCS-content HARGREAVES’ fortunes are inextricably linked to that of the wider share market. The FTSE 100 rose almost 20 per cent from 1 July 2009 to 30 June this year, after being down by more than a third from mid-2007, and it is this buoyancy in equity markets which is the true driver behind its record levels of revenue, profit and earnings per share.Assets under administration surged to £17.5bn from £11.9bn – a 47 per cent rise – as its clients sought out higher returns than the lowly ones available in an interest rate environment of 0.5 per cent. But the business is on a knife edge. If house prices do continue to fall, as Peter Hargreaves predicts, then interest rates will remain low – potentially perpetuating this sales boom. But if the fall pushes the UK into a double-dip recession, confidence will plunge – sending investors scurrying for safe-haven assets and out of equities. The shares trade on a prospective earnings multiple of 25 times, which looks pricey given the risk. Sharecenter_img Hargreaves’ future is out of its control by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutAll Things Auto | Search AdsBuick’s New Lineup Is Truly StunningAll Things Auto | Search AdsLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save ThousandsThe No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars MoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution Tags: NULL whatsapplast_img read more

Record travel numbers for Eurotunnel

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld Lifestyle Record travel numbers for Eurotunnel Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Tags: NULL Share whatsapp whatsappcenter_img EUROTUNNEL enjoyed a record summer this year, after car traffic rose 17 per cent on last year with more than half a million cars taking the trip between Kent and Calais in July and August.The French company, which trades on the London and Paris stock exchanges, said it broke its previous passenger record on 14 August, when almost 15,000 cars and 150 buses used the Chanel Tunnel. The company said traffic was heavier than in 1999, when the end of duty-free sales within the European Union prompted a scramble to stock up on cut-price goodies on the continent. This summer also saw Eurotunnel Eurotunnel celebrate the crossing of the 250 millionth passenger transported through the Tunnel, since services commenced in 1994.Eurotunnel’s commercial director Jo Willacy said: “The intense activity through the summer shows that “Le Shuttle” is the perfect answer to our customers expectations: it is value for money and respectful of the environment. Our whole commercial strategy is aimed at increasing our traffic and our performance this summer is an incentive to continue in the same vein.”The bumper summer traffic was part of a broader rise in passengers using the tunnel. Eurotunnel recently said truck numbers grew by 41 per cent and car transport rose 17 per cent in the year to July, while the passenger train operator Eurostar saw a six per cent increase in the same period. Part of the gain was due to the Icelandic ash cloud playing havoc with air travel, the firms said, though yesterday’s Eurotunnel figures referred to a time period after the cloud disruption ended in May. Eurotunnel failed to make a profit last year, however, due to a dispute with Eurostar over insurance responsibility for the tunnel fire in 2008. A total of €48m in indemnities is being held back by a court until the fight is resolved. Show Comments ▼ Monday 6 September 2010 8:16 pm KCS-content last_img read more

Predators circle £200m remains of Connaught

first_img KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof CONNAUGHT’S surviving businesses could be sold for up to £200m after repairs specialist Mears and construction firm Morgan Sindell carved up its social housing arm.Administrator KPMG has received a flurry of offers for Connaught’s compliance and environmental divisions, which are trading as normal. Mears, property consultancy RPS Group and outsourcing group Mitie are understood to have shown an interest in the compliance unit, which advises companies on how to cover themsleves for health and safety regulations when designing buildings. An analyst said it would be valued at around £130m.There has been an additional series of approaches for the £70m environmental division, which manages estates and forestry areas on behalf of clients, mostly in the US and UK.It is understood KPMG is treating the auctions of the two remaining parts of Connaught as traditional mergers and acquisitions transactions. The firm believes it can avoid a “fire sale”, although City insiders said the assets were clearly distressed. whatsapp Sunday 12 September 2010 10:34 pm Show Comments ▼ Share whatsapp Predators circle £200m remains of Connaught Tags: NULLlast_img read more

EU targets bonuses in power grab

first_img EU targets bonuses in power grab by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Tags: NULL whatsapp THE EUROPEAN Union charged ahead with its crackdown on the banking industry yesterday, as several bodies outlined tougher-than-expected rules on pay, bonuses and tax that could radically alter the City. Finance watchdogs from the 27 member states met in London yesterday to flesh out the first Europe-wide rules to curb bankers’ pay, agreed earlier in the year. The Committee of European Banking Supervisors (CEBS) is expected to publicly announce its decisions today, but insiders told the press yesterday that the panel favoured a prohibition on bonuses containing more than 20 per cent cash. The ban would be much harsher than the European Parliament’s decision in June to cap the cash portion of bonuses at one third. The EU had already specified that 60 per cent of bonus pay must be deferred for at least three years. The restriction would also outstrip the Financial Services Authority’s plans for a 50 per cent upper limit on cash bonuses. The FSA, which has a representative on the CEBS panel, declined to comment last night. “It is time to fundamentally change the bonus culture that contributed to this crisis,” said Arlene McCarthy, a Labour MEP who brokered the basic rules in the European Parliament. “This limit is essential to cutting the incentives for excessive risk taking.”CEBS is understood to favour a cap on bonus payments, linked to a multiple of basic salary that will differ between institutions depending on the financial risks involved. “Whether this would achieve the desired risk-aware behaviour from traders is doubtful, as there would be more pressure to put up salaries so that proposed bonuses fall within acceptable levels,” said Nicholas Stretch, a partner at law firm CMS Cameron McKennaHe added: “However, even implementing a framework for limiting pay creates a precedent and could be followed in due course by all sorts of other limits and caps.”Once CEBS publishes the outcome of yesterday’s meeting, it will spend a month consulting on its proposals. The panel is also thought to have discussed the controversial banking super-regulator, which was approved by EU legislators last month and will have the power to overrule national authorities. The current European Commission president, Jose Manuel Barroso, hopes to introduce the London-based watchdog in January. Meanwhile, the Commission yesterday outlined its vision for a 0.5 per cent tax on all banking pay and profit, called the financial activities tax (FAT), to be used to fund global development projects. The Commission said it would prefer to see a global tax that took a slice of every financial transaction, also known as a Tobin tax, but accepted it would be impractical without global support. Last month, EU finance ministers failed to agree on a similar levy. The plans are likely to face stiff opposition when presented to the G20 at its meeting in November, in what the EU hopes will be the start of a worldwide push for banking levies. The CBI warned last night that any such tax will ultimately be paid for by the customers of banks, and added:?“A financial activities tax within Europe would encourage financial services companies to relocate their operations outside the EU, hurting the economies of member states, and especially the UK owing to the importance of the City as a global financial centre.”The Association for Financial Markets in Europe said: “Tax is not a regulatory tool and it should not be used as a substitute for effective financial regulation.” KCS-content center_img Thursday 7 October 2010 9:47 pm Show Comments ▼ Share More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKansas coach fired for using N-word toward Black playerthegrio.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapplast_img read more

Schools becoming academies at rate of one a day, says Gove

first_img Show Comments ▼ Schools becoming academies at rate of one a day, says Gove Share whatsapp KCS-content Monday 11 October 2010 9:12 pm whatsappcenter_img STATE schools are converting to academies at a rate of one a day, education secretary Michael Gove said yesterday, as the government’s plan to free headteachers from local government control gathers pace. In total, 121 academies have opened since the election, bringing the total number to 324. A further 90 schools will get academy status in the coming months, while 41 failing schools are set to switch status from September 2011. That means there will be at least 455 such schools by the time of the new school year in 11 months. Aides to Gove say the academy programme represents the fastest educational reform in English history. They point out that Lord Baker’s City Technology Programme, which had similar aims, converted just 15 schools over a five-year period. Academies are schools that receive their funding directly from the government, and do not have to answer to their local authority. Their backers say they have improved standards. In 2008-09, academies increased the number of pupils getting five good GCSEs including English and Maths by five per cent, double the national average of 2.5 per cent. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndo Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tags: NULLlast_img read more

Naked mining director wins €10m libel case

first_img whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem A MINING director was yesterday awarded €10m (£8.5m) after a judge found he had been defamed by false allegations he made inappropriate, naked advances to a work colleague.Donal Kinsella, a director at Kenmare Resources, had been accused of making three trips to the door of a female fellow director late at night.The jury accepted the married father of six’s explanation that he was prone to sleepwalking, did not wear pyjamas and had been drinking whilst taking painkillers. The incident took place on a work visit to Mozambique. Kinsella argued the incident had made him a laughing stock after he was asked to resign as chairman of the firm’s audit committee.He took particular exception to a press release which he said was suggestive. Naked mining director wins €10m libel case Show Comments ▼ Tags: NULLcenter_img Share KCS-content More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Thursday 18 November 2010 8:03 pmlast_img read more

China hints at rates increase

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Tags: NULL Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap CHINA may increase interest rates, after state media yesterday confirmed that more “prudent” monetary controls would replace the previous “appropriately loose” policy.“Strategic economic restructuring will be accelerated and stabilising price levels will be given a more prominent position,” state media reported at the end of yesterday’s Central Economic Work Conference in Beijing.Consumer prices rose by 5.1 per cent in November compared to the previous year, the sharpest rise since July 2008. And earlier this month the government was forced to admit that they may revise up their target rate to four per cent, from the current three per cent target.Last week the People’s Bank of China (PBoC) increased the reserve requirement ratio (RRR) for banks for the sixth time this year, and the third time in the last five weeks.The hike further increases the amount of funds that lenders must keep in reserve, impounding around RMB350bn (£33.3bn) at the central bank, according to analysts at Barclays Capital Research. The anlaysts forecast three policy rate hikes of 0.25 per cent each between now and mid 2011.From 20 December, the RRR for large banks will increase to a record 18.5 per cent, with smaller banks required to deposit 16.5 per cent.FAST FACTS | CHINESE INFLATION● November’s inflation of 5.1 per cent is up from 4 .4 per cent in October.● In November food inflation hit 11.7 per cent.● Non food inflation increased from 1.6 per cent in October to 1.9 per cent. China hints at rates increase whatsapp Show Comments ▼center_img KCS-content Sunday 12 December 2010 10:19 pm Share whatsapplast_img read more

Property prices fall 3pc

first_img whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndo John Dunne Property prices fall 3pc ASKING prices for homes in England and Wales have fallen three per cent over the past month to stand just 0.4 per cent higher than a year ago, due to economic uncertainty and low mortgage approvals, according to property website Rightmove.December’s fall follows a 3.2 per cent decline in November, with further drops possible in 2011 when Rightmove predicts a decrease of as much as 5 percent for the year if property repossessions pick up.Property prices do normally slip in the winter months and the Rightmove survey is not seasonally adjusted.But mortgage lenders Nationwide and Halifax have reported falling house prices for November too, in a sign a modest downturn in Britain’s property market could become entrenched as looming government spending cuts curb appetite for houses.“In 2011 we will see larger falls in weaker markets due to over-supply and forced sales,” said Rightmove director Miles Shipside.“The net result is likely to see average national asking prices fall slightly,” he continued. “At best they could be close to flat and at worst down by five per cent if repossession numbers jump up from 1 in every 15 sales.”Rightmove said recent price falls and some nervousness about prices in 2011, plus growing arrears, could result in lenders increasing the number of repossessions.“If (Bank of England) base rates increase then repossession numbers could form a much larger percentage of total sales, and at an extreme this could lead to even greater price falls than we are forecasting,” it said.Most economists do not expect the BoE to raise interest rates until late 2011 at the earliest because of uncertainty about the economic impact from the start of a four-year program of government spending cuts.Rightmove said it expected properties coming to the market to fall to around 1.2m in 2011, down around 10 per cent on 2010 and 40 per cent below the historically normal figure.The website said that an early sign of the weak supply of properties was the fact that the number of new properties for sale this December was only 0.1 per cent higher than a year ago.That was despite a reduction in the legal paperwork required to market properties earlier in the year, which Rightmove had expected to result in more speculative sellers in the market.Estate agents reported that mortgage funds remained difficult to arrange following a further tightening in lending criteria in the middle of 2010.And the time properties spent on the market remained near last month’s record high while the unsold stock per estate agency branch was at 74, down from 77 in November but still traditionally high. center_img Show Comments ▼ whatsapp Monday 13 December 2010 2:57 am Share Tags: NULLlast_img read more

Rising export markets give morale boost

first_img Rising export markets give morale boost Tags: NULL whatsapp BRITISH exports rose by 4.1 per cent (£0.9bn) in November, official data showed yesterday, as a separate survey revealed buoyant confidence among exporting companies.Overall the UK’s trade deficit edged upwards to £4.1bn, but only because of rocketing oil prices and erratic items, the Office for National Statistics (ONS) said.Excluding these elements, exports rose by 3.4 per cent on the previous month, while imports increased just 0.3 per cent.Exports beyond the EU were slightly down in the three months to November compared to the three previous months, but still up on the same time in 2009.“Exporters must reinforce their efforts to move into fast-growing emerging economies such as India and China,” said David Kern of the British Chambers of Commerce, commenting on the figures.Goods and services exported to Germany increased by 10 per cent over the same period, according to Goodwin, as the German economy continues to thrive.“The growth in export volumes was broadly based,” said Simon Hayes of Barclays Capital. “Buoyant export growth was reported for basic materials and both finished manufactured and semi-manufactured goods,” he added. The consistently high level of imports could also be interpreted as a sign of domestic demand holding strong, some analysts said.And confidence among exporters for this year’s prospects remains extremely high, according to a survey conducted by Travelex.Well over half – 65 per cent – of respondents expected their export activity to increase in 2011, the survey said.And 59 per cent expressed confidence in current economic conditions, while three quarters “clearly rejected” any chance of a double dip recession.However, importers are concerned about the impact of this month’s VAT hike, said David Sear of Travelex.One respondent to the survey commented: “Tax hikes suppress business motivation, because the more money you make, the more tax you pay.” Share KCS-content Wednesday 12 January 2011 7:43 pm Show Comments ▼ Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap whatsapplast_img read more