Refinitiv Newscasts - Reuters Today: Lack of homes for sale gives UK house prices a surprise boost
01/11/2023 09:30
Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_v79bjlwt&referenceId=1_v79bjlwt&pageId=Newscasts Source: Reuters Description: British house prices unexpectedly rose by almost 1% in October but the increase was due more to a lack of homes for sale than a turnaround in the market which has been hit by a jump in borrowing costs, mortgage lender Nationwide said. Stock markets are trading higher before the Federal Reserve announces its latest policy settings later in the day. GSK has raised its full-year profit and sales forecasts for the second time this year, buoyed by the strong launch of its RSV vaccine and steady demand for its shingles shot. British clothing retailer Next raised its full-year profit outlook for the fourth time in six months as it reported a better-than-expected 4% rise in third quarter full-price sales. Short Link: https://refini.tv/49kxGQE Video Transcript: Verified transcript not available