Posts Tagged ‘London’

London house prices fall at fastest rate in 10 years

It is the biggest plunge since the 7.0% annual drop recorded in August 2009, says ONS

House prices in London have fallen at their fastest pace since the financial crash a decade ago as the capital bears the brunt of the nationwide torpor in the property market.

Amid a dearth of potential buyers, the cost of a home in London was 4.4% lower in May than a year earlier, according to the latest official snapshot of the market from the Office for National Statistics.

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Pro-Brexit Labour MP Kate Hoey to stand down at next election

Stephen Twigg also steps aside with several other prominent MPs expected to follow

The Brexit-backing Labour MP Kate Hoey has announced she will stand down at the next election in her ultra-remain constituency of Vauxhall.

The former shadow education secretary Stephen Twigg also said he would stand down and a number of prominent Labour MPs are expected to follow before Labour’s deadline for MPs to declare their intentions passes on Monday.

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