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.
Newsom threatens to pull funds unless California cities crack down on
homelessness
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‘We’re not going to fund failure,’ says governor, who warned local
authorities they could lose out on millions of dollars
California’s governor warned ci...
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