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UK house price growth stabilises as rents continue to rise at ‘breathtaking’ rates


UK house price growth stabilises as rents continue to rise at ‘breathtaking’ rates

The pace of house price increases in the UK stabilised in June, according to new official figures, while renters continue to suffer the pressure of rapidly rising rents. The average home price rose 2.7 percent in the 12 months to June, unchanged from May, the Office for National Statistics (ONS) said. This was the fourth […]

Due to the cost of living crisis, households reduced their food purchases by 7.5% last year


Due to the cost of living crisis, households reduced their food purchases by 7.5% last year

According to the Office for National Statistics (ONS), British households cut their real spending on food and non-alcoholic beverages in the year to March 2023. While nominal spending in this category rose over the same period, there was a real decline of 7.5 percent when inflation was taken into account, making this the area where […]

Two areas in Greater Manchester are among the UK’s top ten Airbnb hotspots


Two areas in Greater Manchester are among the UK’s top ten Airbnb hotspots

New data has revealed that two boroughs in Greater Manchester are now among the top 10 Airbnb hotspots in the UK, with the latest figures from the Office for National Statistics showing a recent rise in short-term rentals in certain parts of the country. The town of Rochdale is now one of the top five […]