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UK house prices to face stagnation in 2018

Bloomberg UK housing experts predict the nation is in for a year of stagnating prices in 2018. Overall growth will come to a halt as the number of transactions falls slightly, the Royal Institution of Chartered Surveyors said in a report, with a continued dearth of supply preventing outright declines. Some regions are set to see gains, offsetting slumps in ...

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UK lawmakers push struggling Toys ‘R’ Us on executive payouts

Bloomberg Toys ‘R’ Us Inc.’s British unit, which is at risk of collapse, faces questions from lawmakers about a reported surge in payments to its former managing director. The loss-making British arm of the US toy retailer boosted Roger McLaughlan’s pay to 1.3 million pounds ($1.7 million) in the year ended on January 30, 2016, from 1 million pounds and ...

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Bonds tumble, stocks mixed as Republican tax bill progresses

Bloomberg US stocks fluctuated near record highs while Treasury yields climbed to a nine-month peak as the Republican tax overhaul moved closer to passage. The S&P 500 Index gave up early gains on Wednesday, pulled down in part by consumer stocks. Core European bond yields followed Treasury rates higher, with European Central Bank asset purchases for the year ending on ...

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