The pressure to cut grows

September was a fairly mundane time for the Bank of England's monetary policy committee (MPC). For the third ...
Source: news.assetz.co.uk

(AFX UK Focus) 2008-10-02 09:39 OJSC LSR H1 pretax drops on $159 mln non-cash hit from portfolio revaluation (Interactive Investor)
LONDON (Thomson Financial) - Russian construction company OJSC LSR Group posted a sharp reduction in first-half pretax profits but cited a $159 million non-cash hit from investment property revaluations recognised on its income statement.
Source: www.iii.co.uk

Mactaggart Heritable feels heat of slowdown (The Herald)
Mactaggart Heritable Holdings, the family property business of millionaire Labour MP Fiona Mactaggart, suffered another slide in profits last year as the global economy began to slip into a funk - but the group also said it was waiting for the market to deteriorate further before jumping on the acquisition trail.
Source: www.theherald.co.uk

(AFX UK Focus) 2008-09-30 13:27 European REITs rally amid financial market strains (Interactive Investor)
LONDON, Sept 30 (Reuters) - The EPRA/NAREIT Europe real estate index clung to positive territory on Tuesday as property equity investors refused to be spooked by bank failures and deadlock in U.S bailout talks.
Source: www.iii.co.uk