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Archive for 2008
Where will the FTSE 100 end 2009?
This is Money rounds up the experts’ forecasts for the FTSE 100 in 2009, after many were seriously wide of the mark in 2008
US economy shows no signs of recovery with house prices falling at record rate
The US economy continues to struggle and shows no sign of recovery after property prices fell at their fastest rate in the 12 months to October and the country experienced the worst Christmas shopping figures since 1969.
The S&P Case-Shiller index (the closely monitored measure of residential property values across the US), said property prices in [...]
Lloyds TSB/HBOS merger under threat from pension trustees
Pension fund trustees at HBOS are threatening to block the proposed merger with Lloyds TSB until better protection is put in place for the scheme’s 80,000 members.
Out of the nine trustees, seven are due to meet at the end of the week to decide whether to challenge the merger in the Scottish courts. The remaining [...]
Sterling turmoil ‘likely to delay rate cuts’
The savage slide in the pound could prevent a further deep cut in interest rates next week, economists have said
House prices ’set to fall by 12% next year’
House prices fell by an average 8.7% in 2008 and have a further 12% to fall next year, property information firm Hometrack said today
