Average London house "to cost 500,000 by 2020"

Average London house 'to cost 500,000 by 2020': Welcomed by home owners but 'grim news' for first-time buyers Economic growth is expected to be stronger in the capitalThere is evidence of a growing 'North-South' divide in the housing market outside London By James Salmon PUBLISHED: 01:34 GMT, 11 February 2013 | UPDATED: 01:36 GMT, 11 February 2013 The price of a typical London home will hit half a million pounds by the end of the decade, according to leading economists. The average house in the capital will cost 383,000 this year and then rise more than 30 per cent by 2020, the Centre for Economics and Business Research think-tank said. Experts last night said the figures would be welcomed by home owners in the capital but said it was ‘grim news’ for those already struggling to get a foot on the property ladder.

Dreaded Brussels sprouts may be forced off the Christmas menu after 70 per cent price rise

Good news kids: Dreaded Brussels sprouts may be forced off the Christmas menu after 70% price rise The cost of Christmas dinner has soared by more than double the increase in wages over the past five yearsAsda was found to be the cheapest supermarket for the fourth year runningIt's not all bad news though – the price of champagne is down nearly 10 per cent | UPDATED: 23:47 GMT, 9 December 2012 Britain’s children got some welcome news about the family Christmas dinner yesterday….Brussels sprouts are unlikely to be on the menu after a massive price rise.