Factory activity shrinks as US tariffs bite; UK house price drop – business live

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Factory activity shrinks as US tariffs bite; UK house price drop – business live - short news

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Nationwide also expects income growth to continues to outpace house price growth.

That would mean that housing affordability should continue to improve, if gradually.

Borrowing costs are likely to moderate a little further if Bank Rate is lowered again in the coming quarters.

This should support buyer demand, especially since household balance sheets are strong and labour market conditions are expected to..

source: The Guardian - 01.09.2025

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