Business Diary: 01/08/2009

A new name for Nelson's county?

House prices increase for first time since January 2008

House prices in England and Wales rose in June for the first time in 18 months, official figures revealed yesterday in further evidence that the housing market may finally be bottoming out.

Simon Read: A positive solution to mortgage misery

Negative equity mortgages hit the headlines again this week after it was revealed that the Nationwide building society is offering loans of up to 125 per cent to some of its borrowers. While many commentators' first reaction was to hold their hands up in horror at the fresh example of imprudent lending, the mutual's move is actually an example of a sensible approach to helping borrowers in these times.

David Prosser: Why this 125% mortgage is welcome

Outlook Good for Nationwide Building Society, both for having the nous to see that there is a part of the housing market that could benefit from being offered 125 per cent loan-to-value deals, and for having the nerve to market such products, which could see the mutual end up on the wrong end of some critical headlines.

First-time buyers tap parents for deposit

Despite house prices declining by around a fifth from peak levels in the autumn of 2007, first-time buyers are turning to the "Bank of Mum and Dad" in increasing numbers to get on to the housing ladder.

How not to add value to your home

Thinking of selling your property? You don't need to splash out on expensive renovations, just stay practical and functional, says Graham Norwood

West Bromwich Building Society 'to be rescued'

The West Bromwich Building Society is poised for a rescue deal within days, it was reported today.

Simon Read: The claims companies out for a quick buck

It's been a week dominated by complaints. The Financial Ombudsman Service – the government organisation that rules on people's disputes with banks, insurers, and other financial firms – published its annual report, which made for interesting reading. It came as no surprise that the number of new complaints received by the service topped 130,000. Let's face it, there's been plenty to complain about in the past year.

House price rises in May are just a blip

The outlook for the battered property market remains bleak despite the 1.2 per cent house price rise in May that was revealed by the Nationwide building society yesterday.

Fall in house prices slows in April, says Nationwide

House prices are still falling – but at a slower rate, according to the latest figures from the Nationwide Building Society and the Land Registry.

£1.6bn Dunfermline sale was 'the only option'

The taxpayer sank more than £1.6 billion into the rescue of Dunfermline Building Society today as the Prime Minister branded the stricken mutual the "author of its own mistakes".

Breakthrough in battle over bank charges

Customers move closer to recovering £1bn after Court of Appeal ruling

Julian Knight: The banks were never going to listen to Cassandra

Paul Moore, like the ancient Cassandra, was always doomed to be ignored. HBOS was caught in the same mad mindset as almost every other major corporate player in banking and beyond.

News
people
News
people
Arts and Entertainment
Keys to success: Andrew and Julian Lloyd Webber
arts + entsMrs Bach had too many kids to write the great man's music, says Julian Lloyd Webber
Voices
Left: An illustration of the original Jim Crowe, played by TD Rice Right: A Couple dressed as Ray and Janay Rice
voices

By performing as African Americans or Indians, white people get to play act a kind of 'imaginary liberation', writes Michael Mark Cohen

News
i100
Arts and Entertainment
Hand out press photograph/film still from the movie Mad Max Fury Road (Downloaded from the Warner Bro's media site/Jasin Boland/© 2014 Warner Bros. Entertainment Inc.)
films'You have to try everything and it’s all a process of elimination, but ultimately you find your path'
Arts and Entertainment
Imelda Staunton as Dolores Umbridge in the Harry Potter films
books

New essay by JK Rowling went live on Pottermore site this morning

News
Russia Today’s new UK channel began broadcasting yesterday. Discussions so far have included why Britons see Russia as ‘the bad guy’
news

New UK station Russia Today gives a very bizarre view of Britain

News
people

Top Gear presenter is no stranger to foot-in-mouth controversy

Arts and Entertainment
Keira Knightley and Benedict Cumberbatch at the premiere of The Imitation Game at the BFI London Film Festival
filmsKeira Knightley tried to miss The Imitation Game premiere to watch Bake Off
Career Services

Day In a Page

Independent Travel
Grandvalira Skiing, Andorra
Vietnam & Cambodia
Pompeii, Capri and the Bay of Naples
India & Nepal
All Inclusive Lanzarote
Five-star Sharm El Shiekh Holiday
Prices correct as of 31 October 2014
The drugs revolution starts now as MPs agree its high time for change

The drugs revolution starts now as MPs agree its high time for change

Commons debate highlights growing cross-party consensus on softening UK drugs legislation, unchanged for 43 years
The camera is turned on tabloid editors in Richard Peppiatt's 'One Rogue Reporter'

Gotcha! The camera is turned on tabloid editors

Hugh Grant says Richard Peppiatt's 'One Rogue Reporter' documentary will highlight issues raised by Leveson
Fall of the Berlin Wall: It was thanks to Mikhail Gorbachev that this symbol of division fell

Fall of the Berlin Wall

It was thanks to Gorbachev that this symbol of division fell
Halloween 2014: What makes Ouija boards, demon dolls, and evil clowns so frightening?

What makes ouija boards and demon dolls scary?

Ouija boards, demon dolls, evil children and clowns are all classic tropes of horror, and this year’s Halloween releases feature them all. What makes them so frightening, decade after decade?
A safari in modern Britain: Rose Rouse reveals how her four-year tour of Harlesden taught her as much about the UK as it did about NW10

Rose Rouse's safari in modern Britain

Rouse decided to walk and talk with as many different people as possible in her neighbourhood of Harlesden and her experiences have been published in a new book
Welcome to my world of no smell and odd tastes: How a bike accident left one woman living with unwanted food mash-ups

'My world of no smell and odd tastes'

A head injury from a bicycle accident had the surprising effect of robbing Nell Frizzell of two of her senses

Matt Parker is proud of his square roots

The "stand-up mathematician" is using comedy nights to preach maths to big audiences
Paul Scholes column: Beating Manchester City is vital part of life at Manchester United. This is first major test for Luke Shaw, Angel Di Maria and Radamel Falcao – it’s not a game to lose

Paul Scholes column

Beating City is vital part of life at United. This is first major test for Shaw, Di Maria and Falcao – it’s not a game to lose
Frank Warren: Call me an old git, but I just can't see that there's a place for women’s boxing

Frank Warren column

Call me an old git, but I just can't see that there's a place for women’s boxing
Adrian Heath interview: Former Everton striker prepares his Orlando City side for the MLS - and having Kaka in the dressing room

Adrian Heath's American dream...

Former Everton striker prepares his Orlando City side for the MLS - and having Kaka in the dressing room
Simon Hart: Manchester City will rise again but they need to change their attitude

Manchester City will rise again but they need to change their attitude

Manuel Pellegrini’s side are too good to fail and derby allows them to start again, says Simon Hart
Isis in Syria: A general reveals the lack of communication with the US - and his country's awkward relationship with their allies-by-default

A Syrian general speaks

A senior officer of Bashar al-Assad’s regime talks to Robert Fisk about his army’s brutal struggle with Isis, in a dirty war whose challenges include widespread atrocities
‘A bit of a shock...’ Cambridge economist with Glasgow roots becomes Zambia’s acting President

‘A bit of a shock...’ Economist with Glasgow roots becomes Zambia’s acting President

Guy Scott's predecessor, Michael Sata, died in a London hospital this week after a lengthy illness
Fall of the Berlin Wall: History catches up with Erich Honecker - the East German leader who praised the Iron Curtain and claimed it prevented a Third World War

Fall of the Berlin Wall

History catches up with Erich Honecker - the East German leader who praised the Iron Curtain and claimed it prevented a Third World War
How to turn your mobile phone into easy money

Turn your mobile phone into easy money

There are 90 million unused mobiles in the UK, which would be worth £7bn if we cashed them in, says David Crookes