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As of December 2024, the UK housing market is experiencing a decline in asking prices and rising mortgage rates. Recent changes in stamp duty and economic conditions are impacting first-time buyers and overall market sentiment, leading to predictions of slower price growth in 2025.
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As the holiday shopping season approaches, online scams are surging, with authorities warning consumers to remain vigilant. Reports indicate that scammers are using sophisticated tactics, including fake websites and phishing messages, to exploit shoppers eager for deals. Major tech companies and cybersecurity firms are ramping up efforts to combat these threats.
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Barclays has decided to withdraw its appeal against a £40 million fine imposed by the Financial Conduct Authority (FCA) for failing to disclose fees paid to Qatari investors during the 2008 financial crisis. The bank aims to move past the issue, despite not agreeing with the FCA's findings.