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House Price Increases, Drops or even a Crash   

Government News

 

Government News

Since the government are majority shareholders in many of the high street banks, its worth keeping a keen eye on government activities to see how they affect the banking industry which will have a direct affect on house prices.

 

   

Government News

U.K. Consumers Wary - Wall Street Journal

U.K. Consumers Wary
Wall Street Journal
Meanwhile, the UK government said it plans to do away with the fixed retirement age of 65 next year, saying people who wish to continue working longer ...

and more »


The Guardian

UK Home Values Drop in July as Confidence Wanes, Austerity Measures Loom
Bloomberg
While the UK economy almost quadrupled its pace of growth in the second quarter, the government's planned budget squeeze, the deepest since World War II, ...
House prices fall as buyers stay homeThis is Money
UK house prices fall 0.5% in July - NationwideRTE.ie
House prices continue to ease in July, say NationwideHome Move
MarketWatch -24dash (press release)
all 164 news articles »


New plan to build council houses
BBC News
The council is spending £15m a year on loan charges to service the debt and has repeatedly asked the UK government to write it off. ...

and more »


The Guardian

Society daily 28.07.2010
The Guardian
Local government can deliver £100bn of savings over five years, according to Local Government Association chair Dame Margaret Eaton, reports Inside Housing. ...

and more »


MSN Money UK

British Banks Approve Fewer Mortgages Than Forecast in June on Confidence
Bloomberg
The UK housing recovery has shown signs of losing steam as consumers brace themselves for the government's budget squeeze to reduce the record deficit. ...
U.K. Mortgage Approvals DropWall Street Journal
Soft UK mortgage data point to housing market weakness-UPDATE 2Forexyard
Soft UK mortgage data point to housing market weaknessForex Pros
24dash (press release)
all 63 news articles »


The Guardian

Campaign highlights desperate need to Make the Banks Lend
Daily Mail
Uncontrolled migration is undermining our identity as a nation and putting intolerable strain on housing, hospitals and schools. David Cameron must remind ...
King warns interest rates to stay lowDaily Mail
Interest Rates: King Keeps Foot DownGoRemortgage (blog)

all 300 news articles »

BBC Business editor Robert Peston has told MPs he does not believe his reporting led to the collapse of Northern Rock.

Mr Peston broke the story of the bank asking for emergency funding from the government in September 2007.

He has been criticised for causing the run on Northern Rock that followed.

But he told the Treasury select committee he had acted responsibly in reporting the facts, which were from multiple sources and had been checked.

Mr Peston was one of five leading business journalists being quizzed by the committee on the role of the media in the financial crisis.

The British Bankers' Association has singled out Mr Peston and the BBC for acting "injudiciously" in reporting the problems at Northern Rock, the committee heard.

But Mr Peston said he had never held off from reporting a story he knew to be true to serve a wider interest.

Read more: BBC Politics



 

 

 

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