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Tag: price

UK house price growth slowed in 2017, says Halifax

UK house price growth slowed in 2017, says Halifax

Business
House prices grew much more slowly in 2017 than in the previous year, the UK's largest mortgage lender has reported. The Halifax said prices rose by 2.7% in 2017 - compared with a 6.5% increase in 2016. On a calendar year basis, that is the lowest rise since 2012.The slowdown was driven by a squeeze on real wage growth and continuing uncertainty over the economy, it said. At the end of the year the average house price across the UK was £225,021.The Halifax research echoes last week's figures from the Nationwide, which suggested prices rose by 2.6% in 2017.During the month of December, the Halifax said that prices actually fell by 0.6%, the first monthly decline since June last year.Biggest house price rises for 2017 revealedLondon's most affordable commuter townsHowever, the Halifax still
Katie Price accused of snubbing working classes with 'scandalous' food post

Katie Price accused of snubbing working classes with 'scandalous' food post

Entertainment
INSTAGRAM / KATIE PRICEBACKLASH: Katie divided her Instagram followers yet againThe former glamour model has been criticised in the past for everything from her parenting to her love of plastic surgery and even her taste in interior design.And in a new Katie Price Instagram post, the Loose Women panellist set tongues wagging once again for all the wrong reasons.Sharing a picture of a sizeable pile of pre-prepared food, the mum-of-five gushed about the delights of not having to cook for herself."Soulmate Food looking after me on the run up to Christmas!" she wrote to her 1.7 million Instagram followers.Katie Price in pictures British television personality and glamour model, Katie Price in pictures. INSTARimages.com Katie Price's hottest pictures INSTAGRAM / ...
Brent price jumps on pipeline closure

Brent price jumps on pipeline closure

Business
One of the UK's most important oil pipelines is being closed after a crack was discovered in Aberdeenshire.The Forties pipeline carries crude North Sea oil across land for processing at Grangemouth.The crack was discovered last week at Red Moss near Netherley.The pipeline's owner Ineos said on Monday that, despite pressure being reduced, the crack had extended. The Forties pipeline carries about 40% of North Sea crude oil.More than 80 platforms will have to suspend production. The price of Brent crude rose about 2% to $ 64.69 a barrel amid surprise that the pipeline could be shut for about three weeks - far longer than expected.Ineos said there would be a big impact on the industry but not on consumers.'Suitable repair method'Ineos said in a statement: "Last week during a routine inspectio...
Drug companies sue to block California drug price law

Drug companies sue to block California drug price law

Health
Pharmaceutical companies on Friday sued to block a new California law that would require them to give advance notice before big price increases. The law was approved this year in response to consumer outrage over a rise in drug spending and high costs for some prescription treatments, including new Hepatitis C medications and EpiPens to control allergic reactions. The Pharmaceutical Research and Manufacturers of America, a trade group for drugmakers, said in its lawsuit that California's law illegally tries to dictate national health policy. Because the law is tied to a national measure of drug prices, PhRMA argues that California's advance notification requirement could restrict drugmakers' ability to raise prices in other states. The group also argued the law is unconstitutionally vague...
Putting a price on Bitcoin

Putting a price on Bitcoin

Finance
SCENE: A pet shop with a bored looking proprietor. A customer approachesCUSTOMER: I’d like to buy a parrot.Upgrade your inboxReceive our Daily Dispatch and Editors’ Picks newsletters.OWNER: Certainly, sir. How about this one? It’s a Norwegian Blue. Beautiful plumage.CUSTOMER: It’s not moving muchOWNER: It is tired and shagged out after a long squawkCUSTOMER: Fair enough. How much is it?OWNER: $ 20,000CUSTOMER: I’ll pay with this BitcoinOWNER: Sorry, sir. On WavesDEX, the Bitcoin is only worth $ 13,500CUSTOMER: But on LocalBitcoins, it is over $ 21,500! Look at the news headlines. OWNER: Sorry, sir, but I can’t afford the risk. My rent, heat and light are all payable in dollars.CUSTOMER: But the dollar has ceased to be, it has shuffled off this mortal coil, it is an ex-currencyOWNER: S