Interest rates need to rise next week to help head off an unsustainable boom in the City and the property market, one of Britain's most senior bankers warned last night.
Sir John Gieve, deputy governor of the Bank of England, cautioned that 'spectacular growth' in borrowing for buyout and ... more »
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Thursday, June 28
Bank chief: 'Rates must go up next week'
by
Jet-to-Let Magazine
on Thu 28 Jun 2007 17:20 BST
House price growth 'bounces back'
by
Jet-to-Let Magazine
on Thu 28 Jun 2007 17:05 BST
UK house price inflation "bounced back" in June with prices rising by 1.1%, according to the latest survey from the Nationwide building society. The stronger-than-expected increase lifted the annual rate of growth to 11.1% from 10.3% in May. Nationwide said prices were rising more than twice as fast as last ... more »
UK In Danger of ‘Warehousing’ the Poor
by
Jet-to-Let Magazine
on Thu 28 Jun 2007 17:02 BST
Academic Professor John Hills issued a stark warning that social housing could end up simply ‘warehousing the poor’ if issues of inequality and worklessness are not tackled. Following publication of his influential report in February 2007, Ends and means: the future roles of social housing, Professor Hills used the conference ... more » |
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