slows

House price growth slows as market braces itself for coronavirus slump

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House price growth started to slow in January, official data from the Office for National Statistics and Land Registry shows. In the year to January 2020, the average cost of a home rose by 1.3 per cent to £231,000, against a boost of 1.7 per cent in the year to December.  Monthly, typical property prices … Read more

Britain’s service sector slows as the coronavirus outbreak starts biting

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Service sector slows as the coronavirus outbreak starts biting the economy and Bank of England top brass face interest rate conundrum Closely-watched economic survey reading fell from 53.9 to 53.2 last month  New orders and recruitment growth slowing as the coronavirus hits  Remains unclear whether BoE will follow the US Fed and cut interest rates   … Read more