Are increasingly pushing first time buyers to switch to smaller homes. the average uk house price fell by 0.3% injuly, its monthly index showed. prices dropped the most in south east england. live now to our cost of living correspondent, kevin peachey. kevin, firstly, just talk us through the figures. it isa it is a continuation of what we have seenin it is a continuation of what we have seen in some recent surveys. this one is from the halifax, part of the lloyds banking group, the biggest lender in the uk, saying that house prices are down for the fourth month in a row. we have also had a 2.4% drop in house prices compared with a year ago. drop in house prices compared with a yearago. it drop in house prices compared with a year ago. it is quite at chunky fall
In a row, according to halifax, which says higher borrowing costs are increasingly pushing first time buyers to switch to smaller homes. the average uk house price fell by 0.3% injuly, its monthly index showed. prices dropped the most in south east england. live now to our cost of living correspondent, kevin peachey. kevin, firstly, just talk us through the figures. it isa it is a continuation of what we have seenin it is a continuation of what we have seen in some recent surveys. this one is from the halifax, part of the lloyds banking group, the biggest lender in the uk, saying that house prices are down for the fourth month in a row. we have also had a 2.4% drop in house prices compared with a year ago. drop in house prices compared with a yearago. it drop in house prices compared with a year ago. it is quite at chunky fall
Seeing, it is an interesting barometer in a way? irlat seeing, it is an interesting barometer in a way? not really got an actual percentage barometer in a way? not really got an actual percentage for barometer in a way? not really got an actual percentage for you, - barometer in a way? not really got an actual percentage for you, but i | an actual percentage for you, but i would say it is probably not like i would say it is probably not like i would probably say it half as much again, as a year ago, maybe, would probably say it half as much again, as a yearago, maybe, in terms of volume and value. it is a lot. we are definitely noticing the struggle. a, lot. we are definitely noticing the stru: ile. ., lot. we are definitely noticing the stru~le. . , lot. we are definitely noticing the stru: ile. ., , . ., lot. we are definitely noticing the strut tle, ., , ., ., ., struggle. a rate rise, another one, is in the offing struggle. a rate rise, another one, is in the offing t
Significantly more than it did a yearago, and many significantly more than it did a year ago, and many are warily wondering when that pressure on household budgets will start to ease. for more stories from across the uk, head to the bbc news website. you are live with bbc news. russian president vladimir putin has welcomed african leaders to the second russia africa summit, currently being held in saint petersburg. now, 32 african nations are attending this time around. this includes 17 heads of state but that is significantly down from the first summit in 2019. that saw a3 leaders attend. now, green has been the biggest topic of the summit, after moscow walked out of the black sea grain initiative. during his opening speech, russia said it will do everything it can to avert a global food it will do everything it can to avert a globalfood crisis, promising large, no cost shipments of grain to six countries. well, the summit has had an unexpected attendee, the head of the wagner masonry
Could be construed to be against party discipline rules, now, if you were to combine that with say, another grouping within the party that wanted to get him, and they were going to use that as an excuse, well, it could be used to sort of move him to one side, especially given that he was seen as very close to xijinping. this is given that he was seen as very close to xi jinping. this is the given that he was seen as very close to xijinping. this is the most surprising thing, he was a rising star, coming through the party a year ago, xi star, coming through the party a yearago, xijinping star, coming through the party a year ago, xijinping made star, coming through the party a yearago, xijinping made his foreign minister and to have him so swiftly, suddenly removed, given that he was seen as an acolyte of xi jinping s, it is remarkable. that he was seen as an acolyte of xi jinping s, it is remarkable. jinping s, it is remarkable. now, it has been a jinping s, it is remarkable. now, i