Gove blames inflation for housebuilding failure and migration for high demand

[ Michael Gove said the Government had not been able to meet its target of building 300,000 homes a year primarily due to high inflation and interest rates squeezing the sector. The Housing Secretary said he would hope to meet the target “in the next parliament” but suggested the figure may need to be revised … Read more

Jeff Bezos to sell 50 million shares of Amazon by Jan 31 next year: Report

[ Amazon.com founder Jeff Bezos will sell 50 million shares in the online retail and cloud services firm over the next one year, according to a company filing on Friday.The securities is worth $8.6 billion at the current price of $172.13 a share. The sale plan was adopted on Nov. 8 last year and it … Read more

House prices hit nine-month high

[ House prices reached a nine-month high in December, reaching £287,105, according to the Halifax house price index. The average price of a home rose by 1.1 per cent last month, the third monthly consecutive rise and means house prices rose by 1.7 per cent, or £4,800, during 2023. This beat previous expectations that house … Read more