Fidelity Top Stories
Budget: Planning probe spooks builders, mixed reaction for stamp duty cut
A range of new housing policies were proposed by Chancellor Philip Hammond in his Budget statement, including more funds for smaller housebuilder, a probe into potential holding of land by major housebuilders and a stamp duty cut for first-time buyers.
Former Zimbabwean vice-president Mnangagwa set to take over after exile
Zimbabwe’s former vice-president Emmerson Mnangagwa is set to take over from the ousted Robert Mugabe after returning to the country following a period of exile.
US consumer confidence holds near best level since 2004, good signal for Xmas
Americans are looking confidently to the future in a potentially strong signal for spending over the Christmas holidays, according to the results of closely-followed survey.
Budget: New tax breaks aim to revive North Sea oil and gas producers
Chancellor Philip Hammond has announced new tax breaks to encourage investment in North Sea oil and gas producers.
Budget: Hammond targets first-time buyers as growth forecasts are cut
Philip Hammond scrapped stamp duty on almost all first-time property purchases as he sought to inject good news into his Budget after a series of cuts to the outlook for the economy.
Budget: Chancellor reveals 1.3% UK growth forecast for 2019, lower public debt
UK gross domestic product growth is expected to be even worse than expected in coming years due to lower productivity, public spending cuts and Brexit-related uncertainty, with growth expected to slow to just 1. 3% for two years from 2019.
Fresh elections in Germany still most likely outcome, Berenberg says
The German state has not been left moribund by the recent failure of talks aimed at forming a new coalition government, nor will it significantly derail a push for reforming the euro area's architecture or the Brexit negotiations, a top-rated economist said.
Thomas Cook tumbles as weak UK overshadows results
Thomas Cook said it was on track to meet expectations this year but problems in the UK, the tour operator’s biggest market, overshadowed its annual results.