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28.08.25 - 01:12
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Property tax threat is slowing down housing market, say UK agents (The Guardian)
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Talk of the chancellor looking at a new levy on expensive homes or removing CGT exemption is making buyers warySpeculation that the chancellor could announce new property taxes in her autumn budget is likely to slow down an already price-sensitive housing market, estate agents have said.Rachel Reeves is reportedly considering a tax on the sale of homes over £500,000 and the removal of the capital gains tax exemption on primary residences above £1.5m as ways to boost income for the government. Continue reading......
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19.08.25 - 08:54
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SoftBank invests $2bn in Intel; proposed new UK property tax ′could cut cost of buying expensive homes′ - business live (The Guardian)
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Washington reportedly considering 10% stake in US chipmakerGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Japan's SoftBank has agreed to invest $2bn (£xbn) in Intel, the struggling US chip company, while the Trump administration is reportedly considering a 10% stake in the business by converting Chips Act subsidies into equity. That would make Washington Intel's largest shareholder.Semiconductors are the foundation of every industry. For more than 50 years, Intel has been a trusted leader in innovation. This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role. Continue reading......
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18.08.25 - 13:06
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UK House Prices Fall 1.3% In August: Rightmove (AFX)
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LONDON (dpa-AFX) - UK house prices dropped moderately in August following the bigger-than-usual falls in June and July, property website Rightmove said Monday. The average price of property prices......
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18.08.25 - 09:00
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Stocks and oil rise before Zelenskyy-Trump meeting in Washington, UK house prices fall in August - business live (The Guardian)
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Gold also rises ahead of crucial talks between US president, Ukrainian president and European leadersGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Financial markets are focused on meetings at the Oval Office in Washington between Donald Trump and European leaders including Keir Starmer, Emmanuel Macron, Friedrich Merz, and Volodymyr Zelenskyy.Both nations would welcome any truce between Russia and the West, given their desire to maintain ties with both camps. European and US futures are also firmer.The yen is softer, while gold demand remains strong — showing investors are cautious ahead of Trump's meeting with Zelensky. Material progress could spark further oil weakness, a rally across equities, and softer gold demand. Disappointment would bring oil bulls back, pressure equities (except defense), and lift gold.10am BST: Eurozone trade for June Continue reading......
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11.08.25 - 14:12
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Overheated homes: why UK housing is dangerously unprepared for impact of climate crisis (The Guardian)
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Building rules have been focused on keeping warm in winter and saving on energy bills, not cooling downLow-income and minority ethnic people in England most at risk from dangerously hot homesFrom shutters to reflective paint: how to prevent UK homes overheatingWondering what future British summers will be like, as the climate crisis unfolds? Clue: put away visions of sipping Yorkshire champagne on a Barcelona-style balcony. Think instead of stuffy, overheated homes making sleep impossible, droughts and floods that play havoc with infrastructure, and urgent health warnings for the old and very young.“What we are facing is climate brutality. That is the reality of the hotter weather coming down the track,” says Simon McWhirter, the chief executive of the UK Green Building Council (UKGBC). Continue reading......
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07.08.25 - 22:36
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UK interest rate cut: what does it mean for mortgages and savings? (The Guardian)
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Base rate reduction to 4% will hit some savers, but people with tracker home loans will see immediate benefit• Bank cuts interest rate for fifth time in a year• Base rate gift signals wage rise conflict is on the wayThe Bank of England has cut interest rates from 4.25% to 4%. It is the fifth reduction in a year and takes rates back to where they were in March 2023. Continue reading......
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07.08.25 - 10:01
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UK House Prices Rise At Fastest Pace In 6 Months (AFX)
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LONDON (dpa-AFX) - UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage le......
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