The FTSE 100 index of leading UK company shares finished the week at 5,196.81, down 20.80 points or -0.40% on the day and down 64.76 points (-1.23%) over the week.
The National Association of Estate Agents (NAEA) has published its predictions for the UK property market over the next 12 months, and they make interesting reading. They think that house prices could remain flat, or even drop in some areas, for the first six months of 2010.
Today saw the publication of a consultation paper on enhancing the professionalism of investment advisers under the Retail Distribution Review (RDR). The RDR is a regulatory initiative launched several years ago, designed to rectify failings in the retail financial services sector.
The inflation figures published today for the twelve months to November 2009 could signal the start of a short-term spike in price inflation. The Consumer Price Index (CPI) measure of price inflation was slightly higher than expected, with an annual rate of of 1.9%.
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