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Saturday 05th of February 2011

News Tag: 10-year

January 31, 2011

Research shows house price growth stronger in the North

by Kay Murchie
Research shows house price growth stronger in the North
Research by the Halifax has revealed that between 2000 and 2010, house prices have risen faster in the North than in the South - the first time ever. According to the lender, the price of the average home in the North has risen by 102% in the 10 year period, compared with a rise of 75% in the South. The ...



November 29, 2010

Spanish borrowing costs surge

by Kay Murchie
’Spanish
Fears of contagion were raised again today after Spain’s borrowing costs surged to 5.330% from 5.148% - an eight-year high. Markets are nervous about the current euro zone situation and fears are growing that Spain and Portugal could be next in line for a bailout as yields on 10-year bonds rise to dangerous levels – mimicking what happened in Greece and Ireland – just ...



November 26, 2010

EU dismisses reports of Portugal seeking bailout

by Kay Murchie
EU dismisses reports of Portugal seeking bailout
Speculation has been mounting that Portugal is under pressure to seek a bailout from the EU rescue fund – however, the country continues to strongly deny the claims. European Commission President, Jose Manuel Barroso, has today also denied reports that the country is looking for a financial rescue package. Mr Barroso said the reports were "absolutely false, completely false". Today, Portugal ...



July 23, 2010

Microsoft profits exceed expectations

by Kay Murchie
”Microsoft
Microsoft, the world’s largest software company, has announced its profits for the April to June period and has exceeded analysts expectations. The company said profits hit $4.52 billion (£2.96 billion) for the second quarter - a rise of 48% compared with the same period a year earlier. The software giant, which released the Windows 7 operating system last October, said strong sales of the system ...



February 23, 2009

Chelsea Building Society offers 10-year mortgage

by David Masters
Chelsea Building Society offers 10-year mortgage
Chelsea Building Society has launched a new ten-year fixed-rate mortgage which it claims will give customers 'peace of mind'. Interest on the mortgage is guaranteed to be held at 4.59% or below until April 2019. After ten years, interest on the mortgage will revert to Chelsea's standard variable rate, currently 5.79%. Arrangement fee on the mortgage is £995, and maximum loan to value (LTV) ...