Business News

Royal Mail quality tests 'rigged'
The postal watchdog is considering taking action against Royal Mail after finding that delivery quality tests were rigged.
Sat, 13 Mar 2010 11:43:00 GMT

BA union announces strike dates
BA cabin crew will go on strike for three days from 20 March and for four days from 27 March in a dispute over pay and staff levels.
Fri, 12 Mar 2010 16:15:51 GMT

Vauxhall gets UK loans guarantee
The UK announces a 300m-euro (£270m) loan guarantee for Vauxhall and Opel, the European arm of General Motors.
Fri, 12 Mar 2010 20:22:21 GMT


Nationwide on house prices

'The monthly rate of house price inflation was unchanged in November at a seasonally adjusted 0.5%, leaving the average price of a typical property 2.7% higher than a year earlier. At £162,764, the average house price is at a similar level to where it was in early 2006. The 3 month on 3 month rate of change - generally a smoother indicator of the near term trend - dropped to 2.8% from 3.5% in October and 3.8% in September. This suggests that house prices are now rising at a more moderate pace than in the spring and summer months, when they experienced a very strong bounce form the early 2009 lows.'

 

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