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House price balance records surprise fall

LONDON (Reuters) - House prices grew last month at their slowest pace since August after the amount of new property coming on to the market grew faster than the number of new buyers, a survey indicated on Tuesday.

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MPs criticise poor performance at the Revenue

LONDON (Reuters) - The cross-party Treasury Committee launched a scathing attack on the government's revenue collecting department on Tuesday, saying low morale and poor leadership was affecting performance.

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Firms to maintain pace of hiring

LONDON (Reuters) - A slim majority of firms plan to keep hiring staff in the next three months, but no more than in the first quarter of 2010, suggesting they remain wary about recovery prospects, according to recruiters Manpower.

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Iceland seeks swift new Anglo-Dutch debt accord

REYKJAVIK (Reuters) - Iceland's government pledged on Sunday to restart talks and swiftly reach a new debt accord with Britain and Netherlands, a day after Icelanders crushed in a referendum the previous $5 billion (3 billion pound) "Icesave" deal.

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Standard Life fund arm hiring as retail flows rise

LONDON (Reuters) - British insurer Standard Life's fund arm is increasing its retail sales team by almost half on the back of increased interest in British equity funds after the 2009 stock market rally.

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Bank adopts "wait and see" stance

LONDON (Reuters) - The Bank of England held fire on both interest rates and quantitative easing on Thursday as it paused to assess the impact of the massive stimulus it has already injected into the economy.

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Consumer confidence at two-year high

LONDON (Reuters) - Consumer confidence hit its highest in two years in February and people were their most optimistic about the coming six months since records began, a survey showed on Wednesday.

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Housing market among few gainers in 2009

LONDON (Reuters) - Britain was one of the few European countries to record a rise in house prices in 2009 according to a new report, giving further impetus to signs of a sustained recovery in 2010.

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Job market shows further improvement

LONDON (Reuters) - The number of people placed in permanent jobs rose in February at its fastest pace since July 2007 while salaries rose at the fastest pace in almost two years, a survey showed on Wednesday.

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Soft loans for home efficiency

LONDON (Reuters) - Households will be able to take out soft loans to improve the efficiency of their homes, under a new proposed law to fight climate change and cut fuel poverty, the government said on Tuesday.

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All rates correct at the time of going to press. Loans are only available to applicants who are 18 years or over, in full time employment (minimum of 16 hours per week) and a bank account holder.