Tag: second half

UK car sales continue downward trend in June

UK car sales continue downward trend in June

The Society of Motor Manufacturers and Traders (SMMT) have revealed UK car sales fell by 6.2% in June compared with the same month in 2010. The SMMT said the number of new cars sold in the month was 183,125 – representing the twelfth consecutive monthly fall in sales. Meanwhile, registrations in the first six months [...]

July 7, 2011 | 0 Comments More
Halifax reports 1.2% rise in June house prices

Halifax reports 1.2% rise in June house prices

The Halifax has today revealed UK house prices rose by 1.2% in June on a monthly basis. The rise represented the biggest month-on-month gain since October and takes the average cost of a UK home to £163,049, the Halifax said. However, on an annual basis, prices are 3.5% lower. When comparing prices in the three [...]

July 6, 2011 | 0 Comments More
Persimmon encouraged by improved sales

Persimmon encouraged by improved sales

Persimmon, which is the UK’s largest housebuilder by market value, has today said it is encouraged by improved sales and a “modest improvement” in lending. It said it expects to market to pick up over the latter half of 2011 and expects prices to rise over the year. The company said it completed 4,439 homes [...]

July 5, 2011 | 0 Comments More
UK car sales continue downward trend

UK car sales continue downward trend

The Society of Motor Manufacturers and Traders (SMMT) has revealed UK car sales fell by 7.7% in February compared with the same month in 2010. However, traditionally February is a quiet month for the car industry, with many waiting for the new number plate in March. The continuous fall in sales was expected due to [...]

March 10, 2011 | 0 Comments More
Financial complaints rise in second half

Financial complaints rise in second half

The Financial Ombudsman Service (FOS) has today said complaints rose in the second half 2010. According to the FOS, it received 97,237 new complaints between 1 July and 31 December – a rise of 15% compared with the first half of 2010. This list only covers those complaints which required mediation. Lloyds Banking Group, which [...]

February 28, 2011 | 0 Comments More
Lloyds sees rise in complaints

Lloyds sees rise in complaints

Lloyds Banking Group, which is 43% owned by the taxpayer, has revealed a rise in customer complaints in the second half of 2010. The banking giant, which runs the Halifax and Bank of Scotland, received 329,761 complaints in the six month period - a 14% rise compared with the same period a year earlier. According [...]

February 24, 2011 | 0 Comments More
UK Q2 GDP final estimate due today

UK Q2 GDP final estimate due today

The Office for National Statistics (ONS) will today issue its final reading for UK quarter two economic growth. However, there is expected to be no revision to 1.2% growth for the April to June period. Growth in the second quarter exceeded many expectations but growth in the second half of the year is expected to [...]

September 28, 2010 | 0 Comments More
Ombudsman complaints continue to rise

Ombudsman complaints continue to rise

In its second six-monthly set of complaints data relating to individual financial firms, the Financial Ombudsman Service (FOS) has today said complaints rose by 18% in the second half of 2009. According to the FOS, it received 82,136 complaints between 1 July and 31 December 2009 - a rise of 12,295 compared with the first [...]

February 25, 2010 | 0 Comments More
Taylor Wimpey reports “solid” autumn sales

Taylor Wimpey reports “solid” autumn sales

Taylor Wimpey has described UK housing market conditions as “significantly better” than a year ago. In a trading update covering 1st July to 4th November, the group said a gradual improvement in mortgage availability and a recent increase in housing starts was contributing to positive sentiment. The firm has not experience the usual seasonal slowdown [...]

November 4, 2009 | 0 Comments More
World’s largest economy optimistic for second half recovery

World’s largest economy optimistic for second half recovery

The US economy, which is the world’s largest, is looking towards a recovery in the latter half of the year, which, according to the Federal Reserve, may lead to cut in its financial stimulus plan. The economy is expected to contract at a much slower pace with output expected to shrink between 1% and 1.5% [...]

July 16, 2009 | 0 Comments More
Redrow’s house sales fall 49%

Redrow’s house sales fall 49%

Housebuilder, Redrow, reported a 58% fall in revenues in the second half of 2008 leaving the company facing a pre-tax loss of £46.2 million, compared with a profit of £35.8 million in the same period of 2007. Falling sales and lower selling prices were to blame; during the second half of last year, the company [...]

February 24, 2009 | 0 Comments More
House sales plummet 50% at Redrow

House sales plummet 50% at Redrow

Redrow is the latest UK housebuilder to report a sharp fall in sales during the second half of 2008. The group sold 853 homes in the six months to the end of December, compared with 1,657 during the same period of 2007. The average price of a Redrow property fell to £140,000 declining from £162,700 [...]

January 15, 2009 | 0 Comments More