Britons spent a collective �7.9bn every week last month as price slashing inspired by �Black Friday� helped drive the biggest shopping frenzy for more than a decade, official figures showed yesterday.
LONDON (Reuters) - British house price growth is expected to slow next year as tighter mortgage rules and affordability constraints continue to bite in much of the country, the Royal Institution of Chartered Surveyors (RICS) said on Friday.
Despite the industry being 'close to collapse', the falling oil price could have a net benefit to the UK economy, experts say.
... * FTSE 100 jumps 1.7 pct. * Rise in rand buoys South African-exposed SAB Miller. * IAG up on FT report of possible Aer Lingus bid.
Switzerland slashed interest rates into negative territory yesterday as its central bank sought to ward off a flood of safe-haven cash from the collapsing Russian rouble.