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Main Page  »  UK Economy
« December 14  |  December 18 »
Monday, December 17
View Article  CBI cuts economy growth forecast to 2pc
by Jet-to-Let Magazine on Mon 17 Dec 2007 14:26 GMT

The CBI employers' organisation has cut its forecast for UK economic growth for the third consecutive quarter due to the turmoil in financial markets and soaring oil prices. In a report out today, the business group said it now expects GDP growth of just 2pc next year, down from its ...   more »

Permanent Link  |  Cosmos
View Article  House prices drop by 3.2% 'on Hips effect'
by Jet-to-Let Magazine on Mon 17 Dec 2007 14:24 GMT

UK house prices fell by 3.2% in December, as seasonal factors and the full roll-out of home information packs (Hips) took their toll on an already slowing market, property website Rightmove claimed today.

 

The website's latest survey of asking prices showed a dramatic fall from an average of £239,986 ...   more »

Permanent Link  |  Cosmos