01 3 News Today

Average UK house prices rose 1.3% last month, posting the largest jump in three years amid signs the market was starting to ease, according to a Rightmove survey published on Monday.

UK retail sales volumes rose by 1.3% in November compared with the prior month, boosted by heavily discounted Black Friday deals, according to official data published on Friday.

Activist investment firm Cevian Capital has invested €1.2bn to take a small stake in Swiss banking giant UBS, saying it predicts the stock will double in price.

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