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UK property prices slipping
UK property prices saw the biggest fall in 12 years during November, according to data released by Nationwide. The building society's figures suggest the average cost of a home fell by 0.8% from a month earlier, the first decrease since February 2006, while the Bank of England also said the number of mortgage approvals had slipped to a near three-year low. ... more

Internet sales £200m a day
Consumers will spend £200m a day on the internet in the lead up to Christmas, according to forecasts by Deloitte. The research predicts the total Christmas spend will hit £4bn – some 50% higher than last year – and suggests that more business will move online next year. ... more

Rail fares set to rise again
Business travellers will be hit by above-inflation fare rises in 2008, with those travelling off-peak and at short notice likely to be the worst affected. The Association of Train Operating Companies (ATOC) said cheap day returns and long-distance open and advance fares would go up by an average of 5.4% from 1st January, while season tickets and saver and standard day returns would rise by 4.8%... more

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