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Evening Standard

Business

City Staff

FTSE 100 Live: Nasdaq rebound boosts stocks, Joules profits warning, Virgin Money rules out TSB bid

Joules Virgin Money Nationwide

House prices have continued to rise after Nationwide today reported annual growth of 11.2% in January.

The average price is now £255,556 after the strongest start to the year since 2005, with a bigger-than-expected monthly jump of 0.8%.

In today's corporate news, retailer Joules has warned that profits are below expectations after the impact of the Omicron variant reduced footfall in January. Virgin Money has also published first quarter results.

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