News Headlines 1st September

Property

House prices on rise again – Nationwide figures show prices were up by 1.4 per cent.  That is the biggest rise for two and a half years, average home rose by p 4

 George Osborne’s plans to relax controls on the green belt could “paralyse” the planning system, experts have warned.  He wants to loosen controls to encourage businesses to expand and boost the economy,  Tel p 1 & 7

 Steve Morgan, the veteran housebuilder is leading a £562m takeover approach for Redrow, through Bridgemere Securities Tel B p 33

 

 PF

A record 2.2 million customers complained to Britain’s biggest banks in the first six months of the year – an average of one every seven seconds, The biggest offender was Lloyds Banking Group, which includes Lloyds TSB, Halifax and Bank of Scotland Mail p 14

 The number of pensioners becoming insolvent has risen to its highest level since records began more than 50 years ago.  Report by accountancy firm Wilkins Kennedy, Mail p 29

 

 Economic

Eurozone unemployment reach a record high yesterday.  More than 18m people were out of work in the 17 eurozone nations last month, the highest total since records began in 1995. Tel B p 33

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