What is the VAT, your rights in the event of a hassle in transport… The eco flash of the day
© Sophie Levy Ayoun / Capital What is the use of VAT, your rights in the event of a galley in transport… From day Find most of the eco news of the day in the flash produced by capital. We start with the VAT, our word of day . Last week, the deputies voted for the abolition of the audiovisual fee as part of the project of amending budget for 2022. More than three billion euros were collected in 2021 with this tax which is used to finance the television channels and the public service radios.
Savills will hope the housing market remains resilient amid a cocktail of economic woes.
Faced with the prospect of property prices cooling after the Bank of England's largest lift in interest rates for 27 years, the estate agent reports half-year results on Thursday. © Provided by This Is Money
Investors will have plenty to mull over. Last week Savills published its report on the UK's prime housing market.
It expects prices in central London to grow 4 per cent across this year, down from a previous forecast of 8 per cent. This is partly due to international buyers not returning, war in Ukraine and political uncertainty.
Germany 'deserved to win' says manager Martina Voss-Tecklenburg after semi-final triumph
Germany 'deserved to win' says manager Martina Voss-Tecklenburg after semi-final triumphAfter holding out France in a tense clash, German manager Martina Voss-Tecklenburg told UEFA: "I feel pure pride for this achievement and these players from numbers 1 to 23.
But central London's recovery is forecast to kick-start in 2023 with growth of 7 per cent as overseas demand creeps back. The City will want to know how Savills plans to deal with the impact of the cost-of-living crisis for house hunters and first-time homebuyers.
While the squeeze on spending looks set to affect price growth next year in prime London, Savills said workers value being close to the office and will return to the capital over the medium term despite the hybrid working trend.
In May, Savills was confident about 2022 despite rising interest rates, inflation and war. It also noted that the recovery in China had been slower than expected while the availability of housing in the UK continued to be 'significantly reduced' as demand outstripped supply.
Peel Hunt reckons the 'big debate' for Savills will be on the impact higher interest rates have on the transactional side of the business. Read more
Inside Britain's 'zombie' shopping centre where EVERY store is shut .
Festival Park shopping centre in Gwent, dubbed the worst in Britain, has no open stores. It is going to be 'recycled' into a business centre after a host of top names moved out including M&S.Shoppers said that Festival Park shopping centre is a 'zombie-land' with lines of empty stores after more than 40 companies including M&S, Nike, Edinburgh Woollen Mill, Costa and Gap moved out in a retail slump.