UK house prices rise; pound hits six-month high against euro – business live

Rolling coverage of the latest economics and financial news

11.04am GMT

House prices may be holding up in the face of economic uncertainty, but the same isn’t true of car production.

The number of new vehicles built in the UK fell by over 5,600 last month compared to October 2018, at 134,750. That’s a 4% decline.

In 2016, the UK motor industry hoped to be producing 2m vehicles in 2020…

…now it hopes to avoid production falling to 1m pic.twitter.com/OwDt73oNaN

11.00am GMT

Here’s our news story on the pick-up in UK house prices:

Related: UK house price growth picks up speed despite economic uncertainty

Continue reading…Rolling coverage of the latest economics and financial newsLatest: Pound rallies after YouGov pollHouse prices up 0.5% in NovemberFastest monthly inflation since July 2018Annual house price inflation at 0.8% 11.04am GMTHouse prices may be holding up in the face of economic uncertainty, but the same isn’t true of car production. The number of new vehicles built in the UK fell by over 5,600 last month compared to October 2018, at 134,750. That’s a 4% decline.In 2016, the UK motor industry hoped to be producing 2m vehicles in 2020……now it hopes to avoid production falling to 1m pic.twitter.com/OwDt73oNaN 11.00am GMTHere’s our news story on the pick-up in UK house prices: Related: UK house price growth picks up speed despite economic uncertainty Continue reading…