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Tuesday 14 January 2020 3:35 pmUK housing market stable despite political uncertainty, says Taylor WimpeyBy: Jessica ClarkShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleHousebuilding firm Taylor Wimpey said the housing market remained stable last year, despite ongoi polene bag ng economic and political uncertainty.In a trading update this morning the company said that conditions were more challenging in London and the South East but demand for homes remained strong in the face of u brumate cooler ncertainty caused by Brexit.Read more: New build homes drive UK housing supply increaseThe FTSE 100 firm said total home completions including joint ventures increased five brumate  per cent to 15,719, 23 per cent of which were affordable homes.Taylor Wimpeyrsquo  net private reservation rate for the year was 0.96 homes per outlet per week and the cancellation rate was 15 per cent. Average selling prices on private completions increased one per cent to pound;305,000, and the overall average selling price reached pound;269,000, up from pound;264,000 the previous year.Taylor Wimpey chief executive Pete Redfern said: Our results for the year to 31 December 2019 will be in line with our expectations.Despite an uncertain political and economic backdrop in 2019, we have continued to experience a good level of demand for our homes and trading in the second half of the year was as anticipated.Read moreTaylor Asqa New York Report: Bernanke pulls Wall St lower with dim view
Tuesday 14 September 2010 8:18 pm|Updated:Thursday 30 May 2019 11:40 amUK is mulling its options for a Green BankBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleBritain has b stanley kubek egun the process of setting up its Green Investment Bank to help fund the shift to a low-carbon economy and could make it commercially independent, the minister of state for energy and climate change said yesterday.We have begun the process of establishing the Green Investment Bank, Gregory Barker told a CBI event. We are currently studying a wide range of options. We are also lo owala water bottle oking at the option of it being commercially independent, he added, declining to give further details.The government hopes the establishment of a green bank will help it meet its 2020 goals to cut carbon emissions and reduce the use of fossil fuels. Three departments ndash; the Treasury, the Department for Business Innovation and Skills and the Department of Energy and Climate Change ndash; are working on plans for the bank.Barker would not comment on when the bank would be formed but said the go owala tumbler vernment would publish its proposals later in the year.We need to understand the implications of the Carbon Reduction Commitment first, he said, referring to Britainrsquo  new mandatory corporate carbon trading scheme. An independent report in June said Britain may
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