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Households looking to install renewable heating systems are now eligible for up to £1,250 from the government.People who opt for greener methods such as biomass boilers and solar panels can apply to the £15 million Premium Payment fund set up to support 25,000 installations. The scheme is mainly aimed at the 4m UK homes not heated [...] UK unemployment fell by 17,000 in the three months to the end of February to 2.48 million- the first drop since last autumn official figures show. Unemployment among 16 to 24-year-olds stood at 963,000, with the jobless rate for [...] Savers and borrowers could benefit by locking in the best interest rates for more than a year. New research showed that UK interest rates offered on relatively short-term fixed-rate bonds have been rising since August 2010. However, they have been increasing from an all-time low of 2.52% for a one-year bond. The movement signals an expectation of a [...] The Bank of England has warned that the outlook for the UK economy still remains uncertain. The Bank’s quarterly inflation report said rising raw material prices, energy bills and next year’s VAT rise meant inflation would [...] Home owners will no longer have to pay for a Home Information Pack (HIP) when selling their property after the new coalition government today scrapped the controversial red tape packs. Housing experts welcomed the decision, saying it would help home owners and the housing market. Home Information Packs were introduced by the labour govt to “speed up” [...] Homeowners who swap the ownership of their home for a tenancy under a sale and rent back agreement should be guaranteed tenancies for a minimum of at least five years. Wall Street ticked higher in early trades as the latest report on jobless claims turned out to be better than expected and retail sales improved. The Dow Jones was up 62.13 points at 8,801.15 at midday in New York, the S&P; 500 was up 8.57 at 947.72, and the Nasdaq was up 11.48 at 1,864.56. A Labor [...] The economy has received another shot in the arm with figures showing that the pace of house price falls slowed in May while home sales picked up. However, retail sales figures have put in question whether April’s jump in consumer demand would be sustained. About 6 per cent of estate agents across the UK said that property [...] Yesterday the euro managed to halt its losing streak against the US dollar as the German finance minister stated that Germany would act if other countries in the euro zone required assistance, this helped to stall the euro decline and allay some of the fears of a potential banking crisis in Eastern Europe. Data [...] Another day and more record lows for GBP/euro are currently at all time lows. This cross is trading in uncharted territory and is struggling to find support with many expecting to see parity before the year is out. However, UK retail sales just out at better than expected levels (0.3% versus -0.6%) should lend support [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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