H
recent
H
HOYONEWS
HomeBusinessTechnologySportPolitics
Others
  • Food
  • Culture
  • Society
Contact
Home
Business
Technology
Sport
Politics

Food

Culture

Society

Contact
Facebook page
H
HOYONEWS

Company

business
technology
sport
politics
food
culture
society

© 2025 Hoyonews™. All Rights Reserved.
Facebook page

Housing market in England and Wales ‘showing tentative signs of recovery’

about 6 hours ago
A picture


There are “tentative signs” that the housing market in England and Wales is recovering from a months-long slowdown after uncertainty around the autumn budget and economic pressures, estate agents and surveyors have reported,The Royal Institution of Chartered Surveyors (Rics) said its members were feeling more optimistic about the year ahead than at any time since December 2024, as inquiries from new buyers, agreed sales and house prices became less negative in January,A monthly survey of chartered surveyors in England and Wales showed a net balance of 35% of Rics members expect an increase in house sales over the next 12 months,The index measures the difference between the share of agents reporting rising and falling optimism,Demand from new buyers was still down, however, with a net balance of -15% of respondents saying they had seen a further decrease in inquiries in January, but Rics said this figure showed “diminished negativity”, after a reading of -21% in December and -29% in November.

Similarly, the volume of agreed sales improved, with net balance of -9%, which was the least negative reading since June 2025.House prices have also reached a “potential turning point”, the Rics survey said.Although more agents reported falling rather than rising house prices over the past three months, with the house price gauge standing at -10%, this was up from a low of -19% in October.Simon Rubinsohn, the chief economist at Rics, said: “There are early signs that market conditions may be improving after a challenging period, although activity levels are still subdued, meaning any recovery is likely to be gradual.”Estate agents and surveyors had reported that activity in the housing market slowed considerably in the months leading up to the autumn budget at the end of November, due to uncertainty over what taxes may be applied to property transactions.

This included fears of changes of stamp duty and capital gains taxes being paid on some primary residences, although neither measure was eventually announced in the budget.While some estate agents have reported a “new year bounce” in activity since the budget, many also report continued concerns from buyers about economic uncertainty, interest rates and cost of living pressures.Rubinsohn said: “Whether this tentative improvement develops into sustained momentum will depend heavily on the trajectory of mortgage rates and broader macro confidence over the coming months.”The property developers Barratt Redrow and Bellway also reported “subdued” activity in the months leading up to the autumn budget in their latest financial results this week.Barratt Redrow, the UK’s biggest housebuilder, cut its dividend on Wednesday and reported a 13.

6% drop in underlying pre-tax profits to £199.9m in the six months to the end of December.It said that over this time it had found “consumer confidence remained low, economic and political uncertainty was high, and affordability challenges remained an issue for many customers”.The housebuilder said it had completed 7,444 homes in the period and expected a total of between 17,200 and 17,800 across the year.Similarly, the housebuilder Bellway said that customer demand throughout the autumn “was impacted by uncertainty ahead of the government’s budget”.

In a trading update for the six months to the end of January released on Tuesday, it said that it had completed 4,702 homes, a 2.7% increase from 4,577 in the same period in 2025.
societySee all
A picture

MPs call on welfare bosses to speed up redress over carer’s allowance scandal

An influential MPs’ committee has urged welfare bosses to speed up redress for tens of thousands of unpaid carers who stand to have huge benefit debts written off after they were wrongly hit with carer’s allowance penalties.The public accounts committee (PAC) said management failures and “systemic issues” at the Department for Work and Pensions (DWP) had led to carers being incorrectly forced to repay overpayments running into thousands of pounds.The committee said a “lack of integrated, concerted leadership” allowed carer’s allowance problems to proliferate for years and the DWP must now rebuild trust with carers by giving the issue “the leadership and attention it has long deserved”.Its comments are the latest in a series of damaging official criticisms of the DWP hierarchy’s role in longstanding carer’s allowance injustices. Last week, the work and pensions committee chair, Debbie Abrahams, accused it of a “culture of complacency”

1 day ago
A picture

Exercise can be ‘frontline treatment’ for mild depression, researchers say

Aerobic exercise such as running, swimming or dancing can be considered a frontline treatment for mild depression and anxiety, according to research that suggests working out with others brings the most benefits.Scientists analysed published reviews on exercise and mental health and found that some of the greatest improvements were observed in young adults and new mothers – groups that are considered particularly vulnerable to mental health problems.While aerobic group exercise emerged as the most effective physical activity for reducing depression and anxiety, low-intensity programmes that lasted only a couple of months may be best for anxiety, the researchers said.“Exercise can have a similar effect, and sometimes a stronger impact, than traditional treatments,” said Neil Munro, a psychologist at James Cook University in Queensland, Australia. “Getting moving, in whatever shape or form works best for each person, can help mitigate depression and anxiety symptoms

1 day ago
A picture

We need a fresh vision to save our high streets | Letters

Regarding your editorial (The Guardian view on high-street decline: a symbol of failure in a discontented nation, 3 February), saving high streets requires four things that the Treasury, the dead hand of government innovation, won’t like.First, it requires an overhaul of the business rates system, and second, a new tax for online business. Third, it requires compelling landlords to charge reasonable rents.Fourth, and finally, it requires local authorities the financial headroom to buy up vacant retail space. This ought to enable innovative community and business enterprises to flourish in what would otherwise be an overtaxed and overpriced rental market

1 day ago
A picture

Tom Maley obituary

My husband, Tom Maley, who has died aged 84, combined an exacting professional life in education, computing and braille with a musician’s appetite for company and mischief. Blind since early childhood, Tom refused the role of the heroic “overcomer”. He simply got on with things, usually at speed, with a running commentary that made any room feel more alive.Tom lost his sight before his third birthday because of retinoblastoma, an aggressive childhood tumour that led to the removal of both eyes. Blindness shaped his methods, but never diminished his curiosity or sense of fun

1 day ago
A picture

People with obesity 70% more likely to be hospitalised by or die from infection, study finds

People living with obesity are 70% more likely to be hospitalised by or die from an infection, with one in 10 infection-related deaths globally linked to the condition, research suggests.Being an unhealthy weight significantly increases the risk of severe illness and death from most infectious diseases, including flu, pneumonia, gastroenteritis, urinary tract infections and Covid-19, according to a study of more than 500,000 people.Obesity may already be a factor in as many as 600,000 of 5.4 million deaths (11%) from infectious diseases every year, researchers found.The study’s first author, Dr Solja Nyberg, of the University of Helsinki, said the problem could worsen

2 days ago
A picture

Joy Davies obituary

My mother, Joy Davies, who has died aged 89, was a chemist, social worker and passionate advocate for people with severe learning difficulties.Born in Ormesby, North Yorkshire, to Olive (nee Postgate), a midwife, and Thomas Hansell, a butcher, Joy went to the Cleveland school (now Teesside High) in Eaglescliffe. She left aged 16 and decided against working on the family farm near Swainby in North Yorkshire, choosing instead to join the Ministry of Agriculture, based in Newcastle upon Tyne. Her work testing milk at farms took her all over a region that remained close to her heart all her life.In the late 1950s, she joined British Titan Products, a company that manufactured titanium oxide, as a chemist, and worked in the company’s laboratories in Billingham, near Middlesbrough

3 days ago
trendingSee all
A picture

UK law firms consider action on behalf of women who developed brain tumours after using contraceptive

about 9 hours ago
A picture

Wake up Labour MPs: the price of electricity is a crisis for industry and growth | Nils Pratley

about 11 hours ago
A picture

Is it possible to develop AI without the US?

1 day ago
A picture

Apple and Google pledge not to discriminate against third-party apps in UK deal

1 day ago
A picture

Winter Olympics 2026: France beat USA to figure skating gold as GB’s wait for medal goes on – as it happened

about 8 hours ago
A picture

Jordan Stolz crushes Olympic 1000m record to begin four-gold pursuit after reskate

about 10 hours ago