Rightmove is predicting that house prices across England and Wales will rise by 1% in 2018, but there will be a further decline in London. In its annual report on the market, the property website predicts that 2% price falls in the capital will be more than offset by an increase in the value of small and medium-priced homes around the country. Rightmove said the average asking price for an English or Welsh home stands at £302,865 – a 2.6% fall on November, but 1.2% higher than a year ago….
Read MoreDay: December 12, 2017
Labour could move parts of Bank of England to Birmingham
Parts of the Bank of England could be moved out of London to Birmingham under Labour plans to push investment into other parts of the UK. The radical plan threatens the historic association of the Bank with Threadneedle Street in the City of London, where it has been based since 1734. The recommendation is part of an interim report into the UK’s financial system, led by the economist Graham Turner of GFC Economics and launched by the shadow chancellor, John McDonnell. UK output from hi-tech industries has fallen on average…
Read MoreFrance to ban mobile phones in schools from September
The French government is to ban students from using mobile phones in the country’s primary, junior and middle schools. Children will be allowed to bring their phones to school, but not allowed to get them out at any time until they leave, even during breaks. A proposed ban was included in Emmanuel Macron’s successful presidential election campaign this year. Jean-Michel Blanquer, the French education minister, said the measure would come into effect from the start of the next school year in September 2018. It will apply to all pupils from…
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