Booming UK housing market may need interest rate rises, IMF warns

The Bank of England will need to consider raising interest rates to rein in Britain’s housing market if controls designed to curb risky lending prove insufficient to see off the threat to financial stability, the International Monetary Fund (IMF) has said.

Average house prices in London jump 19% in a year

Average house prices in London have jumped 19% in a year, with the typical cost of a property in one borough set to pass the £2m mark for the first time within weeks, according to new data.

London is not in a property bubble, says Zoopla boss

London is not in a property “bubble” and ought to be an even more expensive place to live, the boss of the property website group Zoopla has claimed.

New anti-capitalist camp opens as the St Paul's protesters defy Dean

If worshippers hoping to attend services at St Paul's thought the anti-capitalist protests outside would be short-lived, their prayers have not been answered.