FT.com - UK News
FT.com - UK News


UK home sales get boost from desperate vendors
The London property market, once one of the most buoyant in the world, is now so stagnant that desperate vendors are spending hundreds of thousands of pounds buying houses they don't want in order to sell their homes

Economic headwinds hit pound
The pound continued its recent slide this week as evidence mounted that the UK economy was headed for recession

Land registry confirms UK house price declines
UK house prices, as measured by official Land Registry data, fell 0.6 per cent in July from June and recorded the single largest drop year on year since the series began in 2000

UK house prices fall fuels fears for economy
Annual fall reaches 10.5%, one of the biggest year on year drops recorded in the last 18 years, pushing the sterling temporarily to a near record low against the euro

Network Rail told to trim spending
The rail regulator said the company owning Britain's infrastructure was not doing well enough in providing services in a financially efficient way, and called for performance improvements

Tesco deals blow to eco-towns scheme
The supermarket chain withdrew its proposed development at Hanley Grange, near Cambridge, from the government project and issued a statement acknowledging local opposition

Labour accused of failing poorest
Ministers were forced to defend the government's record in tackling health inequalities amid a row over the quality and cost-effectiveness of the National Health Service prompted by a damning report from the World Health Organisation

'Virtual' phone groups in marketing drive
Operators are buying wholesale mobile services and selling them on to retail customers, offering cut-price calls while gaining the chance to send them marketing messages

Tories criticise union's donation of £1.6m
Britain's largest trade union contributed more than 40 per cent of Labour's funding in the second quarter of this year, prompting renewed Conservative accusations that Gordon Brown is in hock to union 'paymasters'

Mobile users may face fee to take calls
The telecoms regulator called for 'careful consideration' of the case for charging UK mobile phone users for receiving calls as well as for making them – as is the case in the US

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