Bloomberg London house prices flatlined, recording their worst performance in more than three years, one of the UK’s biggest mortgage lenders said. The cost of an average home in the capital hit £530,396 ($637,720) in January, unchanged from a year earlier, according to Halifax. This was the slowest rate of growth since November 2019, when prices fell by 1% ...

  Bloomberg Apollo Global Management Inc. is among investors showing interest in taking a stake in Credit Suisse Group AG’s new investment bank unit, as the lender continues to seek investors to help fund its spin-out, the Wall Street Journal reported. Talks with Apollo are continuing and could still fall apart, the paper reported, without giving further details. Bloomberg reported ...

  Bloomberg Britain’s postal workers won’t be going on strike this month after Royal Mail challenged a walkout planned for later this month. The Communication Workers’ Union, which represents over 100,000 post-delivery staff, said Monday that it called off strikes for Feb. 16-17 because it believed a new ballot for further industrial action could be affected if it lost a ...