UK house prices reached a new record average high of £299,138 in January, with a 0.7 per cent month-on-month increase. Annual growth slowed to three per cent, the slowest rate since July 2024, following a market-wide decrease in December. Halifax’s head of mortgages, Amanda Bryden, noted the recovery as a positive sign, despite affordability challenges, with strong demand for new mortgages and growth in lending.
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Shocking scale of phone thefts revealed as police battle surge in e-bike mobile snatchers
Masked phone-snatching gangs utilizing 70mph e-bikes are driving a surge in mobile thefts across the UK, with over 225 phones stolen daily. London is the epicenter of the crime wave, recording 65,600 thefts last year. Home Secretary Yvette Cooper has pledged to crack down on the issue, announcing increased police powers and calling for improved mobile device security measures from tech companies. Full Article
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