The FTSE 100 is up 0.2 per cent in afternoon trading. Among the companies with reports and trading updates today are Burberry, Imperial Brands, Vertu Motors, Compass Group and Henry Boot. Read the Wednesday 15 May Business Live blog below.
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So much of a person’s wealth is often wrapped up in the home they live in that it’s not surprising as a nation, we are obsessed with house prices.
But while average UK house prices hog the headlines each month, these can often feel rather meaningless to the average Briton.
That’s because the property market doesn’t move as one, but comprises thousands of localised markets, all behaving differently.
So, our new interactive tool lets you check what’s happening to house
HOW YOUR HOLIDAY WILL BE AFFECTED
The Mail’s consumer lawyer Dean Dunham said prices may be slashed on holidays to the region, but warned against being tempted by a price drop.
‘If you do book now you may find that you will not be covered under your travel insurance if the holiday is later cancelled or you have another reason to claim under the policy.
‘This is because your provider is likely to say that at the time you made
Bold interior trends, falling borrowing costs and new opportunities for first-time buyers will bring colour and life back into the property market in 2024.
A bleak 2023 saw the market’s pulse all but stop, as would-be buyers put their plans on hold to wait out the turmoil.
House prices tumbled, affordability was stretched to the limit, the number of first-time buyers fell to a ten-year low and mortgage rates reached dizzying heights.
Experts now say the worst is over, with
When it comes to house prices, the direction of travel has been hard to predict in 2023.
At the start of the year, higher mortgage rates and double-digit inflation had many speculating that the housing market was heading for a major crash.
But as we head into 2024 house prices are down only 1 per cent on this time last year, according to Halifax’s latest index.
With the New Year fast approaching, we decided to ask six experts for their
House prices have defied expectations in 2023.
Higher mortgage rates and double-digit inflation had many speculating at the start of the year that the housing market was in for an almighty crash. However, no crash has materialised.
Currently, house prices are down 1 per cent on this time last year, according to Halifax’s latest index.
Meanwhile, Nationwide figures based on its lending suggest house prices are down 2 per cent year-on-year.
Similarly, Zoopla’s latest house price index says prices have
Ferrari may have been pipped to second place in this year’s F1 team championship by arch rivals Mercedes, but when it comes to classics, the Maranello machine is still just about in top spot as it dominates this list of the 10 most expensive motors sold at auction this year.
That’s not to say that 2023 hasn’t been a tricky year for the classic car market.
The pressures of cost of living rises, growing interest rates and general economic uncertainty
After months of accelerating used car prices sending the average cost of a second-hand motor spiralling to £18,000, vehicle values have officially hit the brakes and gone into reverse, experts say.
In fact, industry insiders claim used motor prices have been in gradual decline since April, having risen to record-highs following unrelenting growth over consecutive months dating back to the pandemic and an extended short supply of new cars.
We exclusively reveal which models have seen the biggest declines in
Discounts on new electric vehicles (EVs) have increased by a staggering 323 per cent in the last year as in a desperate bid to stimulate sales by car manufacturers and their networks.
With consumer demand for EVs waning in recent months, the average combined cash and finance discount on a new battery-powered car has grown to a whopping £4,399 in the last 12 months, according to new market analysis.
By comparison, discounts on petrol and diesel models over the same
In some parts of the world, food shopping can cost a small fortune.
Food inflation, with food prices rising in countries around the globe over the past year, is partly to blame.
Some supermarkets, however, are expensive due to their remote location, and the cost incurred in shipping goods to their shelves. Others are pricey simply because they peddle luxury products.
TikTokers have taken it upon themselves to document these sky-high prices, filming their trips to grocery stores and supermarkets
