London-focused estate agent Foxtons has swung to a loss
and says the housing market in the capital is in a "prolonged
downturn". The company reported a loss of £17.2m for last year, partly due
to the costs of closing six offices. It made a profit of £6.5m in 2017. Foxtons
added that Brexit uncertainty was "impacting consumer confidence".
Separately, the Nationwide said the UK market remained "subdued",
with prices up 0.4% in February from a year ago. Read more on the BBC website.
‘Plainly wrong’: London flat dwellers fight shock £200,000 heating bill
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Almost 1m UK households are hooked up to heat networks. None had protection
from poor service or price hikes … until last month
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