House prices in the England and Wales hit record highs in June, overtaking the previous peak of the 2007 property market boom, according to official, Government data published on Tuesday.
... * FTSEurofirst rises 1.1 pct, ends 5-day losing streak. * RSA surges on possible bid from Zurich Insurance. * Michelin falls as weak tyre pricing takes its toll.
LONDON Barclays' (BARC.L) new chairman John McFarlane is expected to speed up cost cuts and asset sales at the British bank on Wednesday, when quarterly results will be eclipsed by his strategic plans and the search for a new chief executive.
The people who buy and sell houses for the world's wealthy have cast doubt on UK government plans to increase transparency in the London housing market in order to tackle corruption.
BP has booked an extra $6.3bn in Deepwater Horizons costs. Photograph: Oli Scarff/Getty Images. Graham Ruddick. Tuesday 28 July 2015 03.23 EDT Last modified on Tuesday 28 July 2015 12.24 EDT.