BUSINESS LIVE: House prices up 4.3%; Virgin Money takeover given green light; Berkeley on track to hit guidance

By: dailymail Posted On: September 06, 2024 View: 116

Updated: 04:46 EDT, 6 September 2024

Among the companies with reports and trading updates today are Berkeley Group Holdings, Nationwide, GSK, and Next 15 Group.

House prices jumped by 4.3 per cent in the year ending August, according to the Halifax Building Society.

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Primark's UK sales set to fall at faster rate following wet summer

Primark suffered a summer washout as wet weather hit sales.

The clothing giant said the rain made it harder to shift everything from flip-flops and T-shirts to light dresses and shorts over the past three months.

Chinese police quiz AstraZeneca employees over drug imports

Several AstraZeneca staff are under investigation in China for allegedly breaking the law.

The UK pharma giant said five current and former workers were being questioned.

House prices see biggest annual rise since November 2022

House prices rose in August, according to Halifax, recording the biggest annual increase for almost two years.

The mortgage lender revealed that house prices increased by 0.3 per cent last month after a bumper 0.9 per cent rise in July.

Mortgage rate cuts continue as Santander reduces home loan costs

Santander is latest major bank to announce a wave of mortgage rate cuts.

From tomorrow, the lender will be reducing a number of fixed rate deals for both new and existing borrowers, by as much as 0.32 percentage points.

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