Day: July 20, 2025
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Rightmove blames the 1.2% fall in new sellers’ prices on the end of stamp duty discounts and more homes coming on to the market
The average price of homes coming up for sale dropped by the largest monthly amount in more than 20 years in July, according to a property website, after the end of temporary cuts to stamp duty, and recent increases in council tax on second homes.
The average price being asked by new sellers fell by 1.2%, or £4,531, in July compared with a month earlier, to £373,709.
Revived body will examine future of the retirement system as analysis shows pensioner income is set to fall
The government is resurrecting the Pensions Commission, amid fears that a retirement crisis could mean today’s workers will be poorer in retirement than the current crop of pensioners.
The move by ministers to revive the landmark commission, established by Tony Blair’s government in 2002, comes as analysis shows that the income of pensioners is set to fall in the coming decades.
Late NFL star’s brother, Richard Tillman, taken into custody as suspect after crash causes building to go up in flames
Police are investigating a car that crashed into a post office in San Jose, California, early on Sunday, causing the building to go up in flames, authorities said. Police reportedly took a Richard Tillman – brother of NFL star turned army enlistee Pat Tillman – into custody as a suspect.
The crash happened shortly before 3am at the office located in a strip mall south of downtown, according to the San Jose police department. No injuries were reported.