Author: Nathan Bissitt

The UK housing market is in a state of lethargy, according to property surveyors, with estate agents reporting the lowest stock of properties for nearly 40 years.Members of the Royal Institution of Chartered Surveyors (Rics) said the market might continue

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Federal Reserve Chair Janet Yellen spoke about US policies and economic outlook in Washington on Wednesday.Markets were watching closely for her statements about interest rates, which she predicted would rise but remain low relative to historic levels.Prompted by

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Former education secretary Nicky Morgan has been elected as chairwoman of the influential Treasury select committee.Ms Morgan saw off five other Tory MPs to land the coveted role scrutinising the government’s finances.Other committee election results, which were

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Former Brazilian President Luiz Inacio Lula da Silva has been convicted of corruption charges and sentenced to nine and a half years in prison.The judge ruled he could remain free pending an appeal.Lula has rejected claims that he received an apartment as a bribe in a

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Google will not have to pay 1.1bn euros (£970m) in back taxes, after the technology giant won a legal case brought by the French authorities.A court in Paris ruled that the internet search firm’s Irish subsidiary was not liable for tax in France. Google employs

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Interest rates are likely to remain historically low over the longer term, the head of the US central bank said on Wednesday.Federal Reserve Chair Janet Yellen said the bank was looking to normalise its policies, neither boosting or limiting economic activity.But a

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