Stamp duty rumours ‘hits sales’
Uncertainty about stamp duty changes is causing confidence in the UK housing market to fray further, the BBC learns.
August 9, 2008
Banks warned of economic worries
The City watchdog tells banks to plan on the assumption economic conditions could be as bad for them as in the early 1990s.
Russia intensifies offensive in Georgia
Georgia called for a ceasefire after Russia sharply escalated an offensive to take back control of the capital of Georgia’s breakaway region of South Ossetia and expanded a bombing campaign to hit Georgian targets outside the war zone
Bush says attack on Georgia ‘dangerous escalation’
US President George W. Bush called on Russia to halt the bombings immediately, as Georgia said Russia was stepping up a bombing campaign of military and civilian targets outside the conflict zone
China wins two golds to cap dazzling opening
China overcame early nerves to win two quick golds when Olympic competition began in earnest on Saturday after a dazzling opening ceremony
Mortgages: The Race Is to the Swift
For the average borrower in the greater New York area, the housing bill signed into law late last month represents a mix of good and bad news.
Russia says it has control of S Ossetian capital
Russia said it had taken control of the capital of Georgia’s breakaway region of South Ossetia, as it widened the offensive against Georgian government forces in the second day of fighting