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Average London house prices rise to £499,000

House prices in London have continued to rise around twice as quickly as those across the UK, with the capital seeing a 19.3% jump in prices in the 12 months to June.

Today's figures have been released by the ONS Credit: PA

Figures from the Office for National Statistics show the average house price in London is now just shy of half a million pounds, at £499,000.

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Rail fare rise a 'kick in the teeth' for passengers

The RMT union, which campaigns for the railways to return to public ownership, has said that next year's fare rise is a "kick in the teeth" for rail passengers.

With the “flex” rule passengers are facing fare increases of up to 5.5% at a time when wages are stagnating. People will simply be priced off the railways while the greedy train operating companies are laughing all the way to the bank. This is a kick in the teeth for the millions of British people who use our trains ... With Northern Rail already axing off-peak tickets, with others set to follow, we are once again ratcheting up the highest rail fares in Europe to travel on some of the most clapped-out and overcrowded services ...

– Mick Cash, RMT Acting General Secretary

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Rail travel 'out of the reach of ordinary people'

Rail travel is being pushed "out the reach of some ordinary people" by fare increases, the head of a public transport advocacy group said.

Stephen Joseph, executive director of the Campaign for Better Transport, told Good Morning Britain that Government-dictated ticket price hikes mean rail fares are rising four times faster than wages.

Commuters will find out how much rail fares are likely to rise by next year when the Retail Price Index (RPI) for last month is released today.

The annual increase is capped at July's RPI plus 1%, with an extra 2% added to some tickets.

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Train tickets could be '5.6% more expensive next year'

The Retail Prices Index figure for July, released today, will determine by how much fares will rise in 2015 Credit: PA

The cost of some train tickets could be almost 6% higher next year.

Rail commuters will be paying close attention to the announcement of last month's Retail Prices Index (RPI) figure today, as it will be used to calculate increases to next year's regulated fares, including season tickets.

Ticket price rises are capped at 1% plus the July RPI figure, expected to be around 2.6%.

Train companies can add another 2% to some fares, as long as the overall average remains as per the formula.

Campaigners say ticket prices are rising four times faster than the average wage and that the measurement used to calculate fare increases has been discredited.

Max Clifford allowed out of prison for his brother's funeral

Max Clifford has been allowed out of prison to attend his brother's funeral.

Max Clifford (centre) attends his brother Bernard's funeral Credit: PA

Clifford was seen at North East Surrey Crematorium earlier today wearing a navy suit, pink shirt and sunglasses. He was taken away after the ceremony in a prison van.

Max Clifford (centre) attends his brother Bernard's funeral Credit: PA

The Ministry of Justice says it does not comment on individuals, but prisoners need to apply if they want to go to funerals. The prison then assesses the risk to the public.

Missing Surrey teenager 'may be in Buckinghamshire'

  • Jessica Peters is described as white, between 5ft 3” and 5ft 6” tall
  • Slim build and long hair which is currently dark brown
  • She is also known to dye her hair blonde and it is possible that she may change her hair colour

Jessica has links with Buckinghamshire it is possible that she is in that area. However we are following various lines of enquiry and are keeping an open mind about her current whereabouts

– Detective Inspector Clive Vale, Surrey Police
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