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Property Prices Increased by 0.6% in July
Aug. 5 | According to Halifax figures, property prices increased by 0.6% in July. The increase reversed the 0.6% fall from the previous month, according to the latest house price survey. Average UK property is now worth £167,425.
Durex Makers Bought For £2.5 Billion
Jul. 21 | The makers of Durex condoms, SSL International, have agreed terms to be sold to Reckitt Benckiser. The deal is understood to be to the value of £2.5 billion.
Demand For Properties To Rent At A Record High
Jul. 20 | The UK’s largest letting agent, Countrywide, has revealed that the 50,480 people registered to rent a property in the second quarter of 2010. This is a 16 per cent increase on the previous 3 months and is at the highest level since 2003.
House Prices in 2020 Expected To Be Lower Than 2007
Jul. 20 | Despite the continued recovery in the housing marketing, house prices are expected to be lower in 2015 than they were in 2007 in real terms. To put it simply, house price rises are not expected to reach the rates of inflation.
Cheap, Clean Hydrogen Fuel from Water Just Became a Reality
Jul. 9 | Energy Technologies CZ a.s., a small private R&D company, has found success in their revolutionary technological improvements, “a better way to generate the cheapest hydrogen fuel yet,” says Karel Pesel, spokesmen for Energy Technologies CZ a.s.
Sun Bancorp Announces $100 Million Equity Investment
Jul. 8 | Sun Bancorp, Inc. (Nasdaq: SNBC) today announced the signing of definitive investment agreements with private equity funds affiliated with WL Ross & Co. LLC , the Bank’s founding Brown Family shareholders, and others, to invest $100 million...
Poll Shows Panic Selling Not Evident Amongst Money-Savvy
May. 26 | The road to recovery has been bumpy on Wall Street, but many Main Street investors aren’t panicking in face of recent stock market upheaval. Financial sites MoneyRates.com and GetRichSlowly.org polled their visitors and discovered that a minority...
MySpace Co-Founder Tom Anderson Invests in AuctionPoint
May. 25 | AuctionPoint, an innovative online auction platform for commercial real estate, announced today that it has received a strategic investment from Tom Anderson, social media pioneer and co-founder of MySpace. Anderson also joins AuctionPoint’s Board of...
