Wednesday, 29th July 2015

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News & Reports

UK mortgage approvals rise more than forecast on thriving house market

Wed 29th Jul 15, 11:02:16

Renae Dyer

(ShareCast News) - UK mortgage approvals rose more than forecast in June as the thriving housing market showed no signs of letting up.

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Lancashire shares drop on 33% fall in premiums

(ShareCast News) - Insurance company Lancashire Holdings wrote a third fewer insurance premiums in the first half of this year from $635.1m to $423.6m gross written premiums. 6 minutes ago

RBS sets final pricing for Citizens shares

(ShareCast News) - Royal Bank of Scotland has announced the final pricing for the offering of shares in Citizens Financial Group will comprise 86m shares. 18 minutes ago

Market overview: Fed in a hard spot as inflation slips

(ShareCast News) - 10:32 According to Deutsche Bank's Joe LaVorgna the 29% over-the-year fall in the CRB commodity index implies that headline consumer price inflation Stateside will slide from 0.1% at present to -0.9% over the next few months - its largest drop since September 2009. On the other hand, core inflation is expected to move towards 2% in the months ahead, making for a tricky policy set-up for the central bank. 17 minutes ago

London open: US Fed in a pinch with CPI set to drop

(ShareCast News) - Stocks in London continued to bounce back ahead of Wednesday's policy decision from the US Federal Reserve, as some analyst warned of deflation risks. 30 minutes ago

British Land sells 39 Victoria Street for 144m

(ShareCast News) - British Land has exchanged contracts for the sale of 39 Victoria Street in London to Singaporean property company Ho Bee Land for a gross purchase price of 144m. 1 hour ago

Antofagasta lowers annual copper output

(ShareCast News) - Mining giant Antofagasta lowered its annual copper production forecast for the second time this year, as it delayed the start of production at its new Antucoya project. 2 hours ago

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