index reversed earlier gains to trade 0.07% lower by 9:05 a.m. London time as regional bourses reopened after the New Year's Day holiday.
U.K. house prices rose 0.7% month-on-month in December, as activity remained unseasonably strong in the final month of the year, data from British lender Nationwide showed Thursday. Home prices increased 4.7% over the year, bringing them within touching distance of the all-time highs recorded in summer 2022.
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