BUSINESS LIVE: House costs up 4.3%

Among the companies with reports and trading updates today are Berkeley Group Holdings, Nationwide, GSK, and Next 15 Group.

House prices jumped by 4.3 per cent in the year ending August, according to the Halifax Building Society. 

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Mortgage rate cuts continue as Santander reduces home loan costs

Santander is latest major bank to announce a wave of mortgage rate cuts.

From tomorrow, the lender will be reducing a number of fixed rate deals for both new and existing borrowers, by as much as 0.32 percentage points.