Economy Headlines

09 May 2008 18:13 BST

House prices 'dip slightly' in April

House prices down 0.2 per cent in England and Wales during April, Financial Times says

The average house price in England and Wales fell by 0.2 per cent in April, the Financial Times has claimed.

This is the second consecutive monthly fall, the first time this has occurred since April 1995.

As a result, average annual price growth in the market fell to 4.1 per cent.

This is down from the 5.2 per cent recorded in March, and is the eighth successive month in which the annual growth rate has fallen.

Annual growth is now at the lowest level since February 2006,... Full Story

Dramatic increase in UK repossessions
The number of mortgage possession claims in Britain has soared, the government has revealed. Full Story
Interest rate freeze from Bank of England
Interest rates are to be held at five per cent, the Bank of England has announced. Full Story
Mandelson describes 10p tax policy as "very big mistake"
Peter Mandelson has described the scrapping of the 10p tax rate as a "very big mistake". Full Story

Food price inflation hits 4.7 per cent in April
Food prices are still rising and increased 4.7 per cent in April, driven by high wholesale costs. Full Story

Sports Headlines

Collingwood doubtful for first Test against New Zealand
Middle-order batsman Paul Collingwood has been listed as a doubt for England's first Test against New Zealand due to a shoulder injury. Full Story

Money Headlines

Royal Mail profits dive on price controls
Royal Mail has revealed the extent of its financial crisis as its regulated postal service made a £200 million loss last year, dragging profits down 30.4 per cent. Full Story

Entertainment Headlines

BBC admits charities did not receive promised donations
The BBC has admitted that it failed to make a promised donation of more than £100,000 to charity after being fined for irregularities in phone-in competitions. Full Story