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Tag: House

House price growth at near six-year low

House price growth at near six-year low

Business
UK house prices grew at the slowest annual rate for nearly six years in January, according to the Nationwide.The lender said price growth "almost ground to a complete halt", with prices up by just 0.1% from a year earlier, down from a rate of 0.5% in December.The average property price was £211,966, the building society said.The Nationwide said it was likely that the recent slowdown in the market was due to "the impact of the uncertain economic outlook on buyer sentiment".It said this uncertainty among buyers was outweighing the otherwise positive backdrop of "solid employment growth, stronger wage growth and continued low borrowing costs". The last time the Nationwide's annual price growth measure was weaker was in February 2013, when it registered zero growth.The Nationwide survey,...
Venezuela crisis: White House 'will respond to threats against diplomats'

Venezuela crisis: White House 'will respond to threats against diplomats'

World
Media playback is unsupported on your device The US has warned Venezuela that any threats against American diplomats or opposition leader Juan Guaidó will be met with "a significant response".National Security Adviser John Bolton said any such "intimidation" would be "a grave assault on the rule of law". His warning comes days after the US and more than 20 other countries recognised Mr Guaidó as interim president.Meanwhile, Mr Guaidó has called for anti-government protests on Wednesday and Saturday.Mr Guaidó, the elected leader of the opposition-held National Assembly, declared himself the interim president on 23 January.The political crisis in Venezuela now appears to be reaching boiling point amid growing efforts ...

Del Boy steps in to save Nelson Mandela house from demolition

Entertainment
The Only Fools and Horses hero wants the real-life block of flats that was home to the show's colourful characters to be listed and preserved.The building, Harlech Tower in Ealing, west London, is set to be knocked down and turned into a £1billion flats complex. Sir David agrees with outraged fans of the BBC sitcom who say the piece of British TV history should be saved from the diggers.He said: "Of course I do [want it listed], but they're not going to listen to me are they? What a shame."It was probably of its time, that's why we used it, it was great."There are plans for 1,950 homes to be initially built on the site, with more than 3,000 more planned.Meanwhile, the 78-year-old actor revealed he was prepared to reprise his role as the cheeky wheeler-dealer for a new Only Fools musi...
US House challenges Trump on shutdown

US House challenges Trump on shutdown

World
Media playback is unsupported on your device The Democrat-controlled US House of Representatives has voted to end a partial government shutdown - but the move looks certain to be vetoed by President Donald Trump.Mr Trump has said he will reject any measure that does not provide funding for his proposed US-Mexico border wall.New House Speaker Nancy Pelosi has branded the wall "an immorality".The measures also require the approval of the Republican-run Senate - but senators have already ruled this out.Senate majority leader Mitch McConnell said Republicans there would not back measures that Mr Trump did not support and called the Democrats' move a "total nonstarter" and a "political sideshow". The impact of the government shutdown How women are ...
House price growth slowest for almost six years, says Nationwide

House price growth slowest for almost six years, says Nationwide

Business
UK house prices grew at an annual pace of 0.5% in December, the Nationwide building society has said, the slowest annual rate since February 2013.The lender says uncertainty over the economic outlook appears to be undermining confidence in the market.London and surrounding areas saw a small fall in house prices in 2018.Northern Ireland saw the biggest house price rises, up 5.8%. Prices in Wales climbed 4%, in Scotland they were up 0.9% and in England they rose 0.7%.December's growth rate, based on its own mortgage data, was a marked slowdown from the annual pace of 1.9% recorded by the Nationwide in November. The Nationwide's chief economist, Robert Gardner, told the BBC the severity of the slowdown was unexpected: "It is a little bit surprising that house price growth has slowed as much ...