Property Investment News and Analysis from Jet-to-Let Magazine

inflation held steady at 2.1 per cent in November despite fears it would be fuelled by rising food and fuel prices, giving the Bank of England more leeway to cut interest rates if the economy slows rapidly at the start of next year.

The Office for National Statistics ... more »

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Confidence in US housing market spirals lower

by Jet-to-Let Magazine on Tue 18 Dec 2007 12:30 GMT

Permits for new home builds in the US tumbled to a 14-year low last month, official data showed today, as confidence in the weakening US housing market spiralled lower.

The number of home building projects that were started in November also took a big hit, in yet another sign ... more »

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ECB pumps in extra €170bn

by Jet-to-Let Magazine on Tue 18 Dec 2007 12:27 GMT

Emergency help for financial markets has entered new territory with the European Central Bank pumping-in almost €170bn extra liquidity at below market interest rates in a special operation to head off a year-end liquidity crisis.

The surprise move, which followed last week’s co-ordinated barrage of measures by the world’s ... more »

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