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Jul 18, 2019
07/19
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economics correspondent andy verity reports.e whole of the uk, on average, house prices are still rising. even at a slower rate than before of 1.2% to begin the year to may, the average price rose to £229,000. house prices have been doing that for a decade, becoming less and less affordable and forcing young families to live in rented accommodation. but in the british housing market, london usually leads the way in booms as well as busts. prices rise first in the capital and in a downturn they fall before the rest of the country. london's price fall of 4.4% on average is the biggest fall since 2009, when the gfc was in full swing. what these figures show is that the average london home fell in price by £21,000 in the year to may. the average terrace house, that fell by £14,000, the average semi detached by £23,000 and the average detached house by £55,000. what is striking about the price fall is that they take place at a time when mortgages are much cheaper than they used to be. the house price falls acceleration within london
economics correspondent andy verity reports.e whole of the uk, on average, house prices are still rising. even at a slower rate than before of 1.2% to begin the year to may, the average price rose to £229,000. house prices have been doing that for a decade, becoming less and less affordable and forcing young families to live in rented accommodation. but in the british housing market, london usually leads the way in booms as well as busts. prices rise first in the capital and in a downturn they...
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Jul 17, 2019
07/19
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andy verity, bbc news. onjeremy corbyn to apologise, accusing him of failing to open his eyes to anti—semitism in the labour party. let's speak to norman smith who's at westminster. how much pressure isjeremy corbyn under? let's be honest. although it was a bit of a cheek for mrs may to lea n a cross was a bit of a cheek for mrs may to lean across the dispatch box and start asking jeremy corbyn questions and demanding he apologise, it does point to the fact that the anti—semitism crisis in the labour party has now become a jeremy corbyn crisis. with labour peers, groups of labourmps, crisis. with labour peers, groups of labour mps, former staff members, the party's deputy leader all blaming mr corbyn personally for allowing a culture in the party which has tolerated anti—semitism. indeed, this morning, some labour peers were saying they wanted mr corbyn to go in front of a jewish audience and to personally apologise for his failure to tackle the anti—semitism crisis. the response of tea m anti—semitism cris
andy verity, bbc news. onjeremy corbyn to apologise, accusing him of failing to open his eyes to anti—semitism in the labour party. let's speak to norman smith who's at westminster. how much pressure isjeremy corbyn under? let's be honest. although it was a bit of a cheek for mrs may to lea n a cross was a bit of a cheek for mrs may to lean across the dispatch box and start asking jeremy corbyn questions and demanding he apologise, it does point to the fact that the anti—semitism crisis in...
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Jul 18, 2019
07/19
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andy verity, bbc news.f brexit negotiator, michel barnier, has warned the uk it will have to "face the consequences" if it chooses to leave without a deal. mr barnier was speaking to the bbc before the start of the conservative leadership contest. both contenders — borisjohnson and jeremy hunt — have said they are prepared to see a no—deal brexit. 0ur political correspondent jessica parker reports. there may have been some warm moments, but it took many painstaking months to hammer out a brexit deal. but repeatedly rejected in parliament, could a new arrangement be on offer? the message from the eu, from an interview in may — no. we have put into the declaration with the uk — not against the uk, with the uk — the legal answers to each and every point of uncertainty created by the brexit. that is the point, that is why this document is the only way to leave the eu in an orderly manner. and if we just left, if we just tore up the membership card? the uk will have to face the consequences. so how does that sou
andy verity, bbc news.f brexit negotiator, michel barnier, has warned the uk it will have to "face the consequences" if it chooses to leave without a deal. mr barnier was speaking to the bbc before the start of the conservative leadership contest. both contenders — borisjohnson and jeremy hunt — have said they are prepared to see a no—deal brexit. 0ur political correspondent jessica parker reports. there may have been some warm moments, but it took many painstaking months to...
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Jul 5, 2019
07/19
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the bbc‘s economics correspondent andy verity has been investigating this and can tell us more.icial channels, this is through ordinary borrowers doing something truly unusual — reading the documents chasing their debts really closely. most of us wouldn't think of it as their favourite pastime. but some of the people facing repossession became concerned that routine forgery of signatures in repossession actions, which happened in millions of cases in the united states, has also been happening here. the banks strongly deny that. however, in growing numbers bank customers have been checking back on their documents and campaigners have now gathered a growing body of evidence of dodgy signatures. the banks in question include uk asset resolution, the government—owned bank. there's also evidence about lloyds banking group. i went to lancashire earlier this week to find out more. i was just determined that this wasn't going to kill us, so to speak, to finish us off. so i was just thinking about keeping going and keeping going and keeping going. for brenda and john wright, it may have
the bbc‘s economics correspondent andy verity has been investigating this and can tell us more.icial channels, this is through ordinary borrowers doing something truly unusual — reading the documents chasing their debts really closely. most of us wouldn't think of it as their favourite pastime. but some of the people facing repossession became concerned that routine forgery of signatures in repossession actions, which happened in millions of cases in the united states, has also been...
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Jul 17, 2019
07/19
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andy verity, bbc news.ingles chart. 0ur entertainment correspondent colin paterson has more. # we'll do it all # everything # on our own #. snow patrol‘s chasing cars was released in 2006 and never reached higher than number six in the charts, but it returned again and again and again, appearing in the top 75 eight years in a row the band's singer, gary lightbody, has a theory as to why it's become the most played song of the century on tv and radio. # if i lay here # if ijust lay here #. chasing cars, i've said it before, that it was the purest love song, mainly because most of the songs i'd written were more about the end of relationships, you know? normally when you're in a relationship or you're happy, you don't think, you know what i'm going to do right now, i'm going to write a song. # if i lay here # if ijust lay here #. a huge part of chasing cars' success was the broadness of its appeal, not many tracks have ever been on heavy rotation on both indie radio station xfm, and the easy listening special
andy verity, bbc news.ingles chart. 0ur entertainment correspondent colin paterson has more. # we'll do it all # everything # on our own #. snow patrol‘s chasing cars was released in 2006 and never reached higher than number six in the charts, but it returned again and again and again, appearing in the top 75 eight years in a row the band's singer, gary lightbody, has a theory as to why it's become the most played song of the century on tv and radio. # if i lay here # if ijust lay here #....
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Jul 17, 2019
07/19
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our economics correspondent andy verity reports. over the whole of the uk, on average, house prices arebegin the year to may, the average price rose to £229,000. because prices have been doing that for a decade, becoming less and less affordable and forcing young families to live in rented accommodation. but in the british housing market, look london usually leads the way in booms as well as bust. prices rise first in the capital and in bust. prices rise first in the capitaland ina bust. prices rise first in the capital and in a downturn they fall before the rest of the country. this price fall of 4.4% on average is the biggest fall since 2009, when the gsc was in full swing. what these figures show is that the average london home fell in price by £21,000 in the year2 london home fell in price by £21,000 in the year 2 may. the average terrace house, that fell by £111,000, the average semi detached by £23,000 and the average detached house by £55,000. what is stressing about the price fall is that they take place ata price fall is that they take place at a prep time when mortgages are mu
our economics correspondent andy verity reports. over the whole of the uk, on average, house prices arebegin the year to may, the average price rose to £229,000. because prices have been doing that for a decade, becoming less and less affordable and forcing young families to live in rented accommodation. but in the british housing market, look london usually leads the way in booms as well as bust. prices rise first in the capital and in bust. prices rise first in the capitaland ina bust....
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Jul 18, 2019
07/19
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andy verity, bbc news.manner. and if we just left, if we just tore up the membership card? the uk would have to face the consequences. in another interview for the programme, the eu commission‘s first vice—president, frans timmermans, said uk ministers were, in his words, "running around like idiots" when they arrived to negotiate brexit in 2017. the first time i saw public utterances by david davis, and i saw him not coming, not negotiating, grandstanding elsewhere. i thought, "oh, my god. they haven‘t got a plan." that was really shocking, frankly. cos then the damage... if you don‘t have a plan... we see it, that time‘s running out, you don‘t have a plan, it‘s like lance corporaljones. "don‘t panic, don‘t panic!" running around like idiots. in response, the minister for exiting the eu, lord callanan, told the bbc that the comments were, as he put it, "childish insults". i think mr timmermans needs to stop with the childish insults and if he was such a big fan of dad‘s army he would know the riposte from
andy verity, bbc news.manner. and if we just left, if we just tore up the membership card? the uk would have to face the consequences. in another interview for the programme, the eu commission‘s first vice—president, frans timmermans, said uk ministers were, in his words, "running around like idiots" when they arrived to negotiate brexit in 2017. the first time i saw public utterances by david davis, and i saw him not coming, not negotiating, grandstanding elsewhere. i thought,...
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Jul 18, 2019
07/19
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here's our economics correspondent andy verity.r chancellor george osborne created the office for budget responsibility. the idea was there would be somebody independent to make sure the government was sticking to its own goals for cutting the deficit, the amount by which the government outspend its income, and containing the national debt. today it warned public finances would take a hit even if no—deal brexit didn't cause much disruption. it adds around £30 billion per year to government borrowing, and that is largely because you have less growth in the economy, which means less income tax receipts, also things like weaker house prices, less property transactions so you have less capital taxes as well. there are some gains in the other direction, to begin with we will be spending less on debt interest and tariff revenues but overall it is a hit to the public finances of around £30 billion per year. under this scenario, the no—deal brexit has only a limited impact and the gdp shrinks by 2% in the next year or so. in that event, th
here's our economics correspondent andy verity.r chancellor george osborne created the office for budget responsibility. the idea was there would be somebody independent to make sure the government was sticking to its own goals for cutting the deficit, the amount by which the government outspend its income, and containing the national debt. today it warned public finances would take a hit even if no—deal brexit didn't cause much disruption. it adds around £30 billion per year to government...
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Jul 18, 2019
07/19
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let's discuss this further with our economics correspondent, andy verity.report, as it is known, quantifying potential impact on the public finances of a no—deal brexit. impact on the public finances of a no-deal brexit. what is a physical risks report? fiscal comes from an old latin word meaning a purse. it is all about public finances and it what it isn't— this is not they office for budget responsibility predicting what is going to happen to the economy in the event of a no—deal brexit, this is a scenario wherein a no—deal brexit leads to a recession where in the economy shrinks by 2% by the end of 2020. what they are saying about that relatively benign scenario is that in that event, public finances would be in trouble evenin public finances would be in trouble even in that benign scenario and debt would rise by around £30 billion or 12% by 202a. what's interesting is the political context for this. for the last decade we've been hearing about the importance of austerity and repairing the deficit. that is the amount by which the government and spends it
let's discuss this further with our economics correspondent, andy verity.report, as it is known, quantifying potential impact on the public finances of a no—deal brexit. impact on the public finances of a no-deal brexit. what is a physical risks report? fiscal comes from an old latin word meaning a purse. it is all about public finances and it what it isn't— this is not they office for budget responsibility predicting what is going to happen to the economy in the event of a no—deal...
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Jul 17, 2019
07/19
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andy verity, bbc news. morning hoping to come across humpback whales and luckily enough, we were only 13 or 14 miles into our trip when we encountered one humpback whale and we were delighted. three of them surfaced and we realised we had found three. we were watching them feeding for a while and, after a while, the feeling went quiet, and it is like theyjust came over to check us out and check the board out, and that is when the magic took place that we saw them close to the rain and one went into the air, looked at us and slowly slid back down into the water again. basically, what the humpback whale was doing was having a good look at you while you were having a good look at them. yeah. how did you feel? sign that it was amazing. a lot of people would feel quite frightened because you could not tell what would happen next but you are not afraid at any point? no, i was not scared, i know they are very gentle. terry, no one can even wish to see something like that, what was going through your head? you grab
andy verity, bbc news. morning hoping to come across humpback whales and luckily enough, we were only 13 or 14 miles into our trip when we encountered one humpback whale and we were delighted. three of them surfaced and we realised we had found three. we were watching them feeding for a while and, after a while, the feeling went quiet, and it is like theyjust came over to check us out and check the board out, and that is when the magic took place that we saw them close to the rain and one went...