UK house price growth hits seven-year low, as inflation cools - business live
(The Guardian Business News)

Rolling coverage of the latest economic and financial news, including new data showing the cost of living in BritainLatest: House prices fall in several English regionsBreaking: UK inflation drops to 1.7%What the experts sayClothing and computer games pulled CPI downBut food prices jumpedComing up: Federal Reserve rate decision at 7pm UK time 3.00pm BST Newsflash: Britain´s Bapla trades union has just called off a pilot strike at British Airways, scheduled for next Friday.Shares in BA´s parent company, IAG, have just jumped - up 1% today, having been down 1%.Balpa says a strike planned by British Airways pilots on 27 September in a dispute over pay has been called off 2.48pm BST Ouch! Over in New York, shares in courier and shipping company FedEx have slumped by 13% after it issued a profits warning.FedEx slashed its outlook for the current financial year last night after missing profit forecast for the last quarter.`Our performance continues to be negatively impacted by a weakening global macro environment driven by increasing trade tensions and policy uncertainty.` Fedex is down 14% since Deutsche first published this chart in July.$FDXpic.twitter.com/fPt2gpe4AL Continue reading...