A third of all properties for sale have seen their prices reduced amid an uncertain outlook for the housing market, a new survey suggests. The properties have seen their values cut at least once since they were first listed on the market, according to the survey by property website Zoopla. The highest average price reductions [...]
Nearly £13 billion worth of bank notes were destroyed by the Bank of England last year, either by being burned or turned into compost. Figures released by the Bank of England indicate that £12.7 billion worth of notes were destroyed, an increase of 11 per cent. This increase is believed to be fuelled by the [...]
Northern Rock’s so-called ‘bad bank’ made profit from its toxic mortgages in first half of the year while its ‘good bank’ posted a loss. The “bad bank” – Northen Rock (Asset Management) – made a £349.7m profit in the six months to June 30, compared with a £724.2m loss in the same period last year. [...]
Senior US intelligence officials are bracing themselves for possible dismissal after President Barack Obama delivered a blistering verdict on the “screw-up” that nearly resulted in 289 deaths on Christmas Day. Among those most vulnerable are Admiral Dennis Blair, the Director of National Intelligence (DNI); Michael Leiter, head of the National Counterterrorism Centre (NCTC); and Janet [...]
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