Menu
08/01/2002
HBOS reveal further evidence of house price rises
The UK’s largest mortgage lender, HBOS has revealed that house prices in the UK rose at their fastest rate for two years in the last month of 2001.
The group, which includes the Halifax Bank, said that the price of a UK home rose by just under three per cent in December and year on year, the rate of increase hit 15.5 per cent. In January 2001, the yearly rate of house price inflation had amounted to less than four per cent.
The report is expected to fuel fears of a rise in UK interest rates, and also follow data from the Nationwide showing that UK house prices grew more quickly last year than at any time since the property boom of the late 1980’s.
The Nationwide estimated last year's overall rise at just under 14 per cent, with prices edging 1.9 per cent higher in December.
However, the Halifax echoed Nationwide predictions that price growth would calm in coming months. (MB)
The group, which includes the Halifax Bank, said that the price of a UK home rose by just under three per cent in December and year on year, the rate of increase hit 15.5 per cent. In January 2001, the yearly rate of house price inflation had amounted to less than four per cent.
The report is expected to fuel fears of a rise in UK interest rates, and also follow data from the Nationwide showing that UK house prices grew more quickly last year than at any time since the property boom of the late 1980’s.
The Nationwide estimated last year's overall rise at just under 14 per cent, with prices edging 1.9 per cent higher in December.
However, the Halifax echoed Nationwide predictions that price growth would calm in coming months. (MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
03 August 2001
Halifax report house price rises dip in July
Rampant house price rises at the start of the year have shown their first dip according to a new survey released by the Halifax. In July the average house price rise dropped off to 0.7 percent, which has been interpreted as the first sign that the early year rises of almost 11 per cent may be tailing off.
Halifax report house price rises dip in July
Rampant house price rises at the start of the year have shown their first dip according to a new survey released by the Halifax. In July the average house price rise dropped off to 0.7 percent, which has been interpreted as the first sign that the early year rises of almost 11 per cent may be tailing off.
03 January 2002
House price growth to slow in 2002
The property market is set to experience a slip in demand during 2002 according to leading UK mortgage lender Nationwide and a twice-yearly survey by the CBI and property advisers GVA Grimley. The Nationwide review of 2001 revealed that UK house prices grew significantly during 2001 despite the global economic slowdown.
House price growth to slow in 2002
The property market is set to experience a slip in demand during 2002 according to leading UK mortgage lender Nationwide and a twice-yearly survey by the CBI and property advisers GVA Grimley. The Nationwide review of 2001 revealed that UK house prices grew significantly during 2001 despite the global economic slowdown.
03 November 2004
Billion-pound price cut won for NHS medicine bill
The government has won a billion-pound price cut in key medicines for the NHS, it has emerged today. The health department negotiated the 7% price reduction – totalling £1.8 billion over five years – for branded prescription medicines following nine months of discussions with the Association of the British Pharmaceutical Industry.
Billion-pound price cut won for NHS medicine bill
The government has won a billion-pound price cut in key medicines for the NHS, it has emerged today. The health department negotiated the 7% price reduction – totalling £1.8 billion over five years – for branded prescription medicines following nine months of discussions with the Association of the British Pharmaceutical Industry.
26 March 2002
Ofreg publish proposals for NIE transmission and distribution
The Northern Ireland Electricity Regulator has published his initial proposals for NIE’s Transmission and Distribution (T&D) network for the period 2002-2007. Mr Douglas McIldoon said: “The cost of transmitting and distributing electricity has fallen across Great Britain throughout the first 15 years following privatisation.
Ofreg publish proposals for NIE transmission and distribution
The Northern Ireland Electricity Regulator has published his initial proposals for NIE’s Transmission and Distribution (T&D) network for the period 2002-2007. Mr Douglas McIldoon said: “The cost of transmitting and distributing electricity has fallen across Great Britain throughout the first 15 years following privatisation.
10 December 2001
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
