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Is Britain heading towards another EU referendum?
From past experience we can safely say that anything that comes out of Theresa's mouth cannot be trusted. I am still astonished that we have a person with such bad judgement as still our PM. So even though right now she is taking Britain towards a very Hard brexit; I think at some point the Tories will declare another…
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How is Brexit going?
Q1/17 GDP revised upwards to 0.6% http://ec.europa.eu/eurostat/documents/2995521/8057546/2-08062017-AP-EN.pdf/8321df8a-ba1b-433e-9cdc-bfd81e3f4a45 And in further good news, the UK is almost doing as well as Greece.
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Good news from the Eurozone
Q1/17 GDP revised upwards to 0.6% http://ec.europa.eu/eurostat/documents/2995521/8057546/2-08062017-AP-EN.pdf/8321df8a-ba1b-433e-9cdc-bfd81e3f4a45 And in further good news, the UK is almost doing as well as Greece.
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WTO says global trade rebounding
Global trade is rebounding strongly, the World Trade Organization said on Thursday, with commerce expected to grow by 3.6 percent in 2017, well above last year’s figure of 1.3 percent and also up from the WTO’s April forecast of 2.4 percent. The rapid acceleration was due to last year’s low base, a resurgence of Asian…
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London supply exceeds demand, number leaving 80%
The number of people leaving London has jumped more than 80 per cent in the past five years, with more than 93,000 people departing the capital last year, figures have suggested.http://www.cityam.com/269004/exodus-number-people-moving-out-london-has-risen-80-per And yet the building bubble shows no signs of abating
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Should Boris be sacked?
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Pay Cap in Parts of public sector lifting....
http://www.bbc.co.uk/news/uk-politics-41218283 Police and Prison Officers.......pay cap to be lifted
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Jacob Ress Mogg - next PM?
I think he would make a great PM, he just seems honest and logical. He is the only UK politician i actually like and share views with. Discuss.
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How low will property go?
First high end property started to fall, now the falls are spreading to average properties nationwide. As the banking crisis deepens credit will dry up, just as interest rates have to start correcting back to normal, how low will property go?
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Commons repeal bill vote tonight.
It passed: http://www.mirror.co.uk/news/politics/brexit-repeal-bill-result-live-11150667
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Expert economists - the appaling record of prediction
Just a few examples I've gathered that demonstrate the appalling predictive record of economists and social scientists (and those using their works); 2007 – the consensus amongst Economist was that it would be plain sailing. The global financial crash came in 2008. In 2008 as oil surged to $140 a barrel, experts said it…
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House price crash...
Saw this story emerge yesterday in the DM. Had a bit of a chuckle to myself and thought''''I wonder if'.... Took a look on HPC.....Bingo....All the old campaigners were out in force.....:rotfl: Bruce Spanner and co. Jesus, they are still harping on about a housing crash...None of them have bought. All still renting. This…
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Will shooting at Hurricane Irma stop
It in its tracks saving the US billions in damages? http://www.independent.co.uk/news/world/americas/hurricane-irma-florida-sheriff-pasco-country-shoot-at-storm-facebook-event-a7938741.html
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Fastest rising London borough goes to ...
http://www.cityam.com/270515/focus-tottenham-spurs-new-stadium-crossrail-two-and-nfl-all
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Biggest rise in house prices an hour out of London
Article in the Guardian positing that house prices in commuting distance of London are storming ahead of the capital: https://www.theguardian.com/business/2017/aug/21/house-prices-northants-leads-midlands-mini-boom-says-rightmove I moved out to the wilds of south Surrey two or three years back, and certainly can see that…
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Where to invest next ...
http://www.express.co.uk/life-style/property/838375/house-prices-uk-property-sale
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homebuyers are increasingly choosing to refurbish their own homes instead of moving
http://www.telegraph.co.uk/property/buy/planning-applications-soar-quarter-five-years-stamp-duty-leads/ "Planning applications have risen by a quarter in the last five years as prospective homebuyers are increasingly choosing to refurbish their own homes instead of moving. This has been exacerbated by changes to the stamp…
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House prices
Just wondering what are people's thoughts on where the market is headed. My poxy little house which I bought shared ownership in 2014 for £195k has just been valued at £270k. Absolute joke if you ask me. Whilst I have made money on the house, it's now just gone up so much that I can't afford to buy the rest, which is ok as…
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Mortgage rates falling again
http://www.telegraph.co.uk/personal-banking/mortgages/lenders-cut-rates-penalties-mortgage-war-intensifies/ The battle for mortgage customers has entered a new phase as Coventry Building Society launches a rare five-year fix loan with no penalty for early repayment. Its five-year Fixed Flexx mortgage, for those with…
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chinese whispers or possible bubble
Hi, Friend of mine who works for local council (in property related department) mentioned how council are studying property prices in UK for next 2,5,10 years. They are predicting that prices will continue to go up for next 2 years and there will be a major fall after then for next 10 years. i.e. situation like 2008 but…