Interest rates drop to a record low lev
10 Feb 2009
The decision by the Bank of England to cut UK Bank Rate by half a percentage point, takes the official rate to a new record low of just 1.0%.
As interest rates edge closer towards zero, the use of unconventional monetary policy looms ever larger, but financial commentators including HSBC expect that the Bank Rate will fall further in the coming months. more >
House prices rose in December
10 Feb 2009
House prices rose by 1.9% in January, Halifax said today, putting an end to months of falls and taking many commentators by surprise.
The last time prices increased was in January last year when they rose by just 0.1%. Since then prices have been on a downward slope, falling by more than 1.5% in every month except September, according to figures from the UK's largest lender. more >
Bahrain Property Prices and Rental Repor
10 Feb 2009
According to the Gulf Daily News, surging demand pushes Bahrain property prices
Property prices in Bahrain have increased by up to 600% over the past four years. more >
2009 a great year to upgrade?
19 Jan 2009
The new year will bring a change of buying pattern for the UK property market. Whilst it’s true that first time buyers are largely still unable to enter the market due to the lack of mortgages and the requirement for large deposits, those wishing to upgrade their property will see many opportunities to do so in 2009. more >
Spa's top of the agenda for Portuguese T
19 Jan 2009
In a bid to expand Portugal’s tourism experience, Spa Tourism has been placed top the agenda by The Portuguese National Tourism Office (PNTO) with extensive renovation planned for a number of historic spas in Portugal. more >
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