Nationwide: House prices up 4.7% this year but property sales stall
Inside: Loans UK
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Nationwide: House prices up 4.7% this year but property sales stall
House prices are now up 4.7 per cent since the start of the year, after a 0.2 per cent rise in July, but property transactions have slipped to their lowest level in two years, Nationwide has reported
Profit plunge: High Street banks battered by economic storms
Britain’s four biggest High Street banks saw profits plunge by nearly two thirds in the first half amid the eurozone debt crisis and a faltering economic recovery, City analysts have predicted.