Market Report
UK house prices at six-year low amid Brexit uncertainty - RICS
The UK property market fell to its lowest level in more than six years last month as Brexit uncertainty meant that buyers and sellers opted to sit tight, according to the latest survey from the Royal Institution of Chartered Surveyors.
Ultra Electronics trading in line as capital requirements rise
International defence, security, transport and energy group Ultra Electronics updated the market on its trading on Thursday, ahead of its year0end on 31 December, reporting that its full-year performance remained in line with the expectations set at its interim results on 6 August.
Ocado and Bunzl both report revenues in-line
London open Traders expected the FTSE 100 index to start fairly flat on Thursday, up around two points after finishing just above 6,880 the day before.
London pre-open: Stocks seen muted as May heads to Brussels
London stocks were set for a muted open on Thursday as Theresa May heads to Brussels for an EU summit after surviving a no-confidence vote on her leadership.
Thursday newspaper round-up: Brexit, gambling ads, derivatives
Brexit is battering the UK property market, pushing it to its weakest level in more than six years, with almost half of surveyors reporting that sellers and buyers are sitting tight because of political uncertainty. The Royal Institution of Chartered Surveyors (Rics) said its monthly indicators for demand, supply and prices fell to multiyear lows in November. – Guardian.