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House prices rise for fifth consecutive month
• Average house prices rose by +0.4% in February, the fifth monthly rise in a row
• Property prices grew +1.7% on an annual basis (vs +2.3% last month)
• Typical UK home now costs £291,699, around £1,000 more than last month
• Eastern England saw most downward pressure on house prices
Kim Kinnaird, Director, Halifax Mortgages, said:
“UK house prices rose for the fifth consecutive month in February, up by +0.4% or £1,091 in cash
terms, with the average house price now £291,699.
“On an annual basis, house prices were +1.7% higher than a year ago, slowing from +2.3% in
January. However, these figures continue to suggest a relatively stable start to 2024 and align with
other promising signs of increased housing activity, such as mortgage approvals.
“In fact, the average price tag of a home is now only around £1,800 off the peak seen in June 2022.
While it is encouraging that we’ve seen growth in recent months, what happens next remains
https://www.pmi.spglobal.com/Public/Home/PressRelease/494f069238fc40c482b1d85621fd99d0
Https://www.cityam.com/spring-budget-2024-air-fare-duty-on-business-class-flyers-to-rise/
March 5 (Reuters) - British companies had their strongest month in February since May last year, suggesting the economy is out of a short recession, but inflation pressures will keep the Bank of England on alert, according to a survey published on Tuesday.
The S&P Global composite Purchasing Managers Index, spanning Britain' services and manufacturing sectors, edged up to 53.0 from 52.9 in January.
A final version of the PMI for the services sector on its own dipped to 53.8 from January's 54.3 and was a touch weaker than the preliminary February estimate which also stood at 54.3. But it was still its second-highest reading since May 2023.
UK investors piled into equity funds at the fastest rate for nearly three years last month – but shunned the sluggish British market in favour of surging US valuations
https://www.google.com/amp/s/www.thisismoney.co.uk/money/markets/article-13156195/amp/UK-investors-shun-British-equity-funds-favour-surging-valuations.html
"If you look at the GDP numbers ... India's poised for about 8% growth this year, that makes India easily the fastest growing economy in the world"
https://www.google.com/amp/s/www.cnbc.com/amp/2024/03/01/india-easily-fastest-growing-economy-imf-director-says-as-gdp-growth-soars.html
1st december 2021
brodie good said the group is pushing han**** to be 'shovel ready' as soon as possible and that alien metals remains “extremely confident”
https://www.voxmarkets.co.uk/articles/alien-metals-creates-vehicle-to-fast-track-its-iron-ore-projects--42c2ac8/
another year to go 2025 🤞
Business confidence dips marginally but renewed confidence reflected in stronger hiring intentions
Businesses continued their positive start to the new year, Lloyds Bank’s latest Business Barometer has found. The Barometer – which measures businesses’ overall confidence by assessing their trading prospects and optimism for the economy – found that while overall confidence dipped slightly to 42%, businesses are looking to hire new staff members and retain their existing employees
https://www.lloydsbankinggroup.com/media/press-releases/2024/lloyds-bank-2024/february-2024-business-barometer.html