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Chinese banks cut lending rates in latest bid to boost growth; gold hits fresh record high – business live

Rolling coverage of the latest economic and financial newsIn the UK property market, more houses are available for sale this autumn, but there’s little movement on price.Rightmove has reported this morning that the number of sales being agreed has risen by 29% this month, year-on-year, in “a strong rebound from the weaker market a year ago”.“Sales activity has not only bounced back from the low of last year but has continued an upward trajectory.There is also a healthy level of underlying buyer demand as people continue to plan their next move.” Continue reading...

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