Bovis has reported a steady half year in terms of sales, although the new homes market remained “subdued” with first-time buyers limited by “liquidity issues”.
However, the house builder delivered “solid” weekly private sales rates in the six months to the end of June 2010, and achieved prices that were ahead of expectations.
During the period, the [...]
Those with a yearning to live by the sea should head north, according to research from Halifax.
The lender has declared Withernsea in the East Riding of Yorkshire the most affordable seaside town in England and Wales, with house prices typically three times local annual gross average earnings.
All ten most affordable seaside towns are in northern [...]
It has been reported over the weekend that insurance giant Prudential may call off the deal with AIA, the Asian arm of US company American International Group (AIG), if the price is not right.
It emerged last week that Prudential, which is Britain’s second largest insurer, was renegotiating with AIA after investors were said to be [...]
A weak US dollar continues to make gold an attractive buy for investors, as well as increasing demand from emerging markets, which is pushing up the price of gold.
Furthermore, gold traditionally rises during the October to December period as the run-up to Christmas and the Indian festival of Diwali pushes up demand.
The precious metal [...]
Europe’s third largest oil company, Total, has posted a 54% drop in third quarter net profits due to weaker oil prices.
In the three months to September, the French oil giant’s profits were €1.9 billion (£1.7 billion), compared with €4.1 billion in the same period a year ago.
However, this was slightly ahead of the €1.8 [...]
Following positive economic data from the US and China yesterday, US light crude rose $1.13 a barrel to end Monday trading at $78.13, while London Brent added $1.35 to $76.55.
While prices are still way off the peak of $147 set in July 2008, they have been steadily rising due to strong economic data and [...]