Coronavirus UK: FTSE 100 down after global oil prices plunge below zero

Oil prices plunged below zero for the first time ever last night as demand for energy collapsed during the pandemic. The benchmark measure for crude in the US plummeted to minus $35.20 (£28.30) a barrel. It means the country’s oil producers are paying buyers to take the barrels off their hands. Much of the plunge was … Read more

MARKET REPORT: Oil prices dive again as crude storage space dwindles

The oil industry was plunged even deeper into crisis last night after the benchmark price for US oil fell below $0 a barrel. The staggering free fall in the value of West Texas Intermediate oil, which is the reference point for buyers and sellers in North America, came as traders fretted that the world is … Read more

Rightmove says house prices data has become meaningless

The property market has seen an ‘abrupt turnaround’ from its best start to a year since 2016, with homes put up for sale collapsing since the UK went into lockdown.  Property website Rightmove said the average house price ‘of the daily dwindling number of properties coming to market’ rose 2.1 per cent to £311,950 in … Read more

Flight prices will soar without health checks: Heathrow chief’s warning

Flight prices will soar without health checks: Heathrow chief’s warning as he sets six-week deadline to solve social distancing snag on planes By Harriet Dennys, Financial Mail On Sunday Published: 21:53 BST, 18 April 2020 | Updated: 11:15 BST, 19 April 2020 The boss of Heathrow has warned that air fares will soar unless a … Read more

Flight prices will soar without health checks: Heathrow chief’s warning

Flight prices will soar without health checks: Heathrow chief’s warning as he sets six-week deadline to solve social distancing snag on planes By Harriet Dennys, Financial Mail On Sunday Published: 21:53 BST, 18 April 2020 | Updated: 22:27 BST, 18 April 2020 The boss of Heathrow has warned that air fares will soar unless a … Read more

House prices see ‘Boris bounce’, but agents call for ‘realistic’ sellers

House prices have risen across the country for the first time in 18 months amid a surge in confidence among buyers and sellers following the Tory election triumph. There has been ‘a noticeable pick-up’ in the housing market since Boris Johnson defeated Labour’s Jeremy Corbyn in December, the Royal Institution of Chartered Surveyors said. But … Read more

Property asking prices back near all-time high, says Rightmove

Confident house sellers are attempting to reap the rewards of a ‘Boris Bounce’ as they push average property asking prices back to near their all-time high. The average newly-listed home price rose £2,589 in the month to mid-February, or 0.8 per cent, to £309,399 – just £40 below the previous record high reached in June 2018. … Read more

Viewers of Location, location, location stunned by London’s prices

Viewers of Location, location, location were left stunned by London’s prices as a ‘picky’ couple who viewed fourty houses in six-months struggled to find ‘dream home’ for £620,000. Karthick and Emma lived in Singapore for 10 years before deciding to settle in London but sought the help of Kirstie and Phil after they viewed 35 … Read more

Savings from falling wholesale prices  passed on to customers as cheapest energy tariffs fall by £32

Energy firms finally pass falling prices on to households as bills fall to cheapest levels in more than three years – but you still need to switch to get the best deal The cheapest energy tariffs have fallen by an average of £32, data reveals  This brings the average price to the lowest level in … Read more

Savings from falling wholesale prices  passed on to customers as cheapest energy tariffs fall by £32

Energy firms finally pass falling prices on to households as bills fall to cheapest levels in more than three years – but you still need to switch to get the best deal The cheapest energy tariffs have fallen by an average of £32, data reveals  This brings the average price to the lowest level in … Read more