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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Index slips into red, UK private sector grows, house prices to fall

Pressure on house prices is set to continue in 2024 after the country’s biggest lender today forecast a decline of between 2% and 4% next year.

Halifax released its outlook statement a day after the Bank of England warned that UK interest rates will stay in restrictive territory for an extended period.

Markets remain hopeful that interest rates will fall next year, a stance fuelled by the tone of this week’s US Federal Reserve policy announcement.

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