FTSE 100 Live 01 May: Next, Aston Martin, Domino's update, shares seen flat

07:26 , Daniel O'Boyle UK house prices fell month-on-month in April, according to the country’s biggest building society Nationwide, reversing the recent rebound. The average price across the UK was £261,962. House prices were up 0.6% year-on-year. Sam Mitchell, CEO of Purplebricks, said: “There is still positive sentiment from buyers and we are seeing viewing activity increase, signalling stability in the housing market. While several banks have slightly increased mortgage rates, there has also been an increase in new market offerings, both have sparked buyers into action which has resulted in more sales. The Bank of England has just announced mortgage rate approvals are at an all time high and people will want to capitalise on this. , Robert Gardner, Nationwide's Chief Economist, said: “The slowdown likely reflects ongoing affordability pressures, with longer term interest rates rising in recent months, reversing the steep fall seen around the turn of the year. House prices are now around 4% below the all-time highs recorded in the summer of 2022, after taking account of seasonal effects.” 07:22 , Graeme Evans The FTSE 100 is expected to hold firm, even though Wall Street struggled last night ahead of today’s Federal Reserve interest rates announcement....

Read more