Finance Matters » December http://www.smoothlinking.net/financematters When Finance Matters Thu, 09 Feb 2012 02:27:15 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Scotland’s recovery hit by December’s big freeze http://www.smoothlinking.net/financematters/9335/scotland%e2%80%99s-recovery-hit-by-december%e2%80%99s-big-freeze/ http://www.smoothlinking.net/financematters/9335/scotland%e2%80%99s-recovery-hit-by-december%e2%80%99s-big-freeze/#comments Mon, 28 Mar 2011 08:57:12 +0000 Kay Murchie http://www.financemarkets.co.uk/?p=25160

According to the latest Lloyds TSB Business Monitor, Scotland’s economic recovery has been hit by the severe wintry weather at the end of last year. For the three months to the end of February, almost half of companies experienced a decline in turnover, one third experienced level, or “static”, turnover, while a quarter noted an [...]

]]> http://www.smoothlinking.net/financematters/9335/scotland%e2%80%99s-recovery-hit-by-december%e2%80%99s-big-freeze/feed/ 0 US Pending Home Sales Index up in December http://www.smoothlinking.net/financematters/7872/us-pending-home-sales-index-up-in-december/ http://www.smoothlinking.net/financematters/7872/us-pending-home-sales-index-up-in-december/#comments Thu, 27 Jan 2011 20:56:58 +0000 Kay Murchie http://www.financemarkets.co.uk/?p=24179 The National Association of Realtors (NAR) today said its Pending Home Sales Index rose in December. On a monthly basis, the index was up by 2% to 93.7 from 91.9 in November. The reading also beat expectations of a 1% rise. It also represented the fifth gain in six months, said the NAR. The data [...]
]]> http://www.smoothlinking.net/financematters/7872/us-pending-home-sales-index-up-in-december/feed/ 0 US retail sales rise in December http://www.smoothlinking.net/financematters/7861/us-retail-sales-rise-in-december-2/ http://www.smoothlinking.net/financematters/7861/us-retail-sales-rise-in-december-2/#comments Fri, 14 Jan 2011 20:32:28 +0000 Kay Murchie http://www.financemarkets.co.uk/?p=23935 The Commerce Department has revealed US retail sales grew for the sixth consecutive month in December. Sales grew by 0.6% on the month – although this was less than the 0.8% expected by analysts. December’s increase was less than in the previous two months, as retailers started their sales early, while parts of the country [...]
]]> http://www.smoothlinking.net/financematters/7861/us-retail-sales-rise-in-december-2/feed/ 0 Housebuilder Persimmon hit by reduced sales activity in December http://www.smoothlinking.net/financematters/7856/housebuilder-persimmon-hit-by-reduced-sales-activity-in-december/ http://www.smoothlinking.net/financematters/7856/housebuilder-persimmon-hit-by-reduced-sales-activity-in-december/#comments Mon, 10 Jan 2011 12:37:01 +0000 Kay Murchie http://www.financemarkets.co.uk/?p=23830 December’s heavy snowfall had a negative impact on many companies and housebuilder Persimmon was no exception. The housebuilder, which is the UK’s second largest by market value, said sales activity fell by 50% in December but said it had been an encouraging start to the year. The company reported a considerable increase in underlying profits [...]
]]> http://www.smoothlinking.net/financematters/7856/housebuilder-persimmon-hit-by-reduced-sales-activity-in-december/feed/ 0 House prices up just 0.4% on year http://www.smoothlinking.net/financematters/7847/house-prices-up-just-0-4-on-year/ http://www.smoothlinking.net/financematters/7847/house-prices-up-just-0-4-on-year/#comments Fri, 31 Dec 2010 08:18:54 +0000 Kay Murchie http://www.financemarkets.co.uk/?p=23707 The latest house price index from the Nationwide Building Society has revealed a 0.4% rise for the month of December compared with November. The latest rise means house prices are now just 0.4% higher than this time last year with the average UK home costing £162,763. Commenting on the figures, Nationwide’s chief economist Martin Gahbauer, [...]
]]> http://www.smoothlinking.net/financematters/7847/house-prices-up-just-0-4-on-year/feed/ 0 Lloyds TSB reduces overdraft charges http://www.smoothlinking.net/financematters/5900/lloyds-tsb-reduces-overdraft-charges/ http://www.smoothlinking.net/financematters/5900/lloyds-tsb-reduces-overdraft-charges/#comments Thu, 24 Jun 2010 10:51:32 +0000 Kay Murchie http://www.financemarkets.co.uk/?p=19933 From 2 December, Lloyds TSB will reduce the overdraft fees on its current accounts.
The move comes just a month after the new coalition Government said it would introduce measures that will see an end to “unfair” bank charges, as well as excessive interest rates on credit cards.
The banking industry was successful in a legal battle [...]
]]> http://www.smoothlinking.net/financematters/5900/lloyds-tsb-reduces-overdraft-charges/feed/ 0 Official figures show 2.9% house price gain for 2009 http://www.smoothlinking.net/financematters/2042/official-figures-show-2-9-house-price-gain-for-2009/ http://www.smoothlinking.net/financematters/2042/official-figures-show-2-9-house-price-gain-for-2009/#comments Wed, 17 Feb 2010 09:06:46 +0000 Gill Montia http://www.financemarkets.co.uk/?p=16822 Latest UK house price statistics from the Department for Communities and Local Government (DCLG) show the value of a typical home up 2.9% in December, compared to a year earlier.
The month saw a 0.8% increase on November, taking the average house price to £200,307 and completing a 2.9% gain for the final quarter of 2009. [...]
]]> http://www.smoothlinking.net/financematters/2042/official-figures-show-2-9-house-price-gain-for-2009/feed/ 0 India industrial output soars 16.8% on year http://www.smoothlinking.net/financematters/1941/india-industrial-output-soars-16-8-on-year/ http://www.smoothlinking.net/financematters/1941/india-industrial-output-soars-16-8-on-year/#comments Sun, 14 Feb 2010 17:36:35 +0000 Kay Murchie http://www.financemarkets.co.uk/?p=16735 Official figures have revealed further evidence of a strong recovery within India’s economy after industrial output surged by 16.8% in December compared with a year earlier – beating analysts expectations.
According to analysts, the Government is likely to withdraw its stimulus measures as a result of the strong performance. The country’s central bank has injected in [...]
]]> http://www.smoothlinking.net/financematters/1941/india-industrial-output-soars-16-8-on-year/feed/ 0 UK factory output sees strong December growth http://www.smoothlinking.net/financematters/1791/uk-factory-output-sees-strong-december-growth/ http://www.smoothlinking.net/financematters/1791/uk-factory-output-sees-strong-december-growth/#comments Thu, 11 Feb 2010 07:16:12 +0000 Kay Murchie http://www.financemarkets.co.uk/?p=16672 The Office for National Statistics (ONS) revealed UK manufacturing output grew more than expected in December, boosting hopes of an upward revision to the initial estimate of fourth quarter GDP figures.
According to the ONS, manufacturing output increased by 0.9% in December after strong gains in the transport, paper and publishing and electrical and optical equipment [...]
]]> http://www.smoothlinking.net/financematters/1791/uk-factory-output-sees-strong-december-growth/feed/ 0 UK trade deficit wider in December http://www.smoothlinking.net/financematters/1766/uk-trade-deficit-wider-in-december/ http://www.smoothlinking.net/financematters/1766/uk-trade-deficit-wider-in-december/#comments Wed, 10 Feb 2010 08:00:23 +0000 Gill Montia http://www.financemarkets.co.uk/?p=16655 The UK’s goods trade deficit widened to £7.3 billion in December, from £6.8 billion a month earlier.
According to the Office for National Statistics (ONS) goods exports increased by 4.5%, to £20.9 billion, in the final month of 2009 but the improvement was overcome by a 5.2% rise in imports, to £28.2 billion.
Given the weaker pound, [...]
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