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Posts Tagged ‘March’

Japan service sector activity plunges to 22-year low

May 18th, 2011 | Author: Kay Murchie

The Ministry of Economy, Trade and Industry today revealed Japanese service sector activity slumped in March due to the earthquake and tsunami. The twin disasters, which occurred on 11 March, led to a fall in activity with the tertiary industry index, falling 6% to 93.5 from February’s 99.5. The decline is the steepest since April [...]

Posted in Finance Matters | Tags: 22-year low, activity, All Financial News, earthquake, Economy News, fall, Japan, March, service sector, tsunami | Comments Closed

DCLG: House prices rise 1.2% in March

May 17th, 2011 | Author: Kay Murchie

Official data from the Department for Communities and Local Government (DCLG) today revealed UK house prices rose by 1.2% in March compared with February. On an annual basis, house prices are 0.9% higher, taking the average UK house price to £205,565. The data from the DCLG is based on mortgage completions figures collected by the [...]

Posted in Finance Matters | Tags: All Financial News, DCLG, Department for Communities and Local Government, house prices, March, Property News, rise | Comments Closed

CML: Remortgaging on the increase

May 13th, 2011 | Author: Kay Murchie

The Council of Mortgage Lenders (CML) has today reported a rise in remortgaging loans as homeowners anticipated interest rate hikes. According to the CML, there were almost 34,000 remortgage loans advanced in March – 16% higher compared with February and a rise of 17% on an annual basis. Remortgaging has remained subdued during the historically [...]