Rightmove profit rise

Rightmove, which runs Britain's busiest property website Rightmove, said on Friday that their first-half operating profits had more than doubled. They believe this is down to an increase in advertisers coming to their site.

Rightmove said that the number of property firms using its site had risen 53 percent to 14,680 with the average price paid per advertiser per month up 22 percent to 181 pounds and that it saw potential for further increases.

Visits to Rightmove are now at 15.4 million per month and they alone account for 80% of all the property pages viewed.