
The value of houses across the country increased by 0.9 per cent last
month, the fastest pace since October 2002, says a survey by online estate
agency Hometrack which forecast that prices will keep rising into the
spring.
G,Ind 1 Mar
04-0854 ECONOMY: London
New estimates by the Centre for Economics and Business Research show that
London's economy is set to record growth nearly 4 per cent between 2005 and
2007, fuelling predictions that the capital will propel the UK into the
strongest boom since the 1990s.
Ind 1 Mar
04-0856 ECONOMY: Retail
Retailers are wasting £200m a year handling goods returned by shoppers,
according to a new report, which claims the retail sector spends £500m on
the logistics for returned goods. The problem is expected to worsen when
the new European Union directive on recycling end-of-life electrical goods
comes into force.
FT 1 Mar
04-0849 ENERGY: Wind farms
Gvt climate change targets are being threatened by the Ministry of Defence
which attempted to block almost half of all applications to build on-shore
wind farms, warns the Royal Society. The MoD objects to wind farms within
74 miles of air defence radar but this is at odds with the rest of Europe
where only Germany imposes a similar ban, but set at 5km.
Ind 1 Mar
04-0851 HEALTH: NHS
A deal to sell off nearly 5,000 acres of land owned by the NHS and worth
£400m has been halted after intervention by gvt officials who wish to
explore the possibility of using the land for new homes for key workers
such as teachers and nurses, and low earners.
T 1 Mar
04-0855 HEALTH: Stress
More than a million people have moved on to incapacity benefit for mental
and behavioural disorders in the past five years, which experts say testify
to the strains placed on British people by modern life including work,
relationships and finances.
FT 1 Mar
04-0853 HOUSING: Homelessness
In a joint operation between Westminster city council and the Metropolitan
Police, twenty-seven people were arrested over the weekend for aggressive
begging. Operation Loose Change was described as an homelessness audit and
marked the start of tougher measures as part of the council's `zero
tolerance' policy towards beggars.
Ind 1 Mar
04-0850 TRANSPORT: Motoring costs
A new report by the RAC claims drivers significantly underestimate the cost
of motoring. Increases in fuel prices and higher depreciation have pushed
up the cost of running an average car by nearly 3 per cent to £102.59 a
week. Driving now costs 25 per cent of the average income, second only to
housing costs.
DT 1 Mar
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