U.K. house prices hit a record high of £269,945 in September 2021 according to Bloomberg as buyers rushed to tie up deals before a property tax cut came to an end. The data: Prices have soared by 15%—more than £35,000—since Rishi Sunak introduced a tax waiver in July 2020, Land Registry figures show. That dwarfs the £2,500 saving […]
Pound Sterling on a Tear
The economic gloom is lifting so fast in the U.K. that even the skeptics are warming to the Pound Sterling which is up more than 4% from its January low. Thanks to one of the world’s fastest vaccine-rollout programs, the pound is winning fresh backing as the faster-than-expected recovery fuels speculation that the Bank of England is […]