Wednesday, June 30, 2004 

BBC NEWS | Business | Fed raises interest rate to 1.25% The US Federal Reserve has raised interest rates by a quarter percentage point, in a widely-anticipated move.
posted by Webmaster  @ 7:25 PM 0 comments

All eyes on the Federal Reserve Bank at 7:15pm as Greenspan announces the interest rate decision. It is widely expected that he will raise the base rate by 0.25% to 1.25%.
posted by Webmaster  @ 5:35 PM 0 comments

BBC NEWS | Business | Q&A: Have house prices peaked? UK house price growth eased in June, rising 0.9% on the month compared with 1.7% in May, according to the Nationwide building society.
posted by Webmaster  @ 1:55 PM 0 comments

Tuesday, June 29, 2004 

BBC NEWS | Business | Debt creeps towards £1 trillion The amount of money owed by consumers has edged closer to the symbolic £1 trillion mark, official figures show.
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BBC NEWS | Business | House price growth eases in June UK house price growth eased in June, rising 0.9% on the month compared with 1.7% in May, according to the Nationwide building society.
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Monday, June 28, 2004 

BBC NEWS | Business | Dip in demand cools house prices Falling demand helped dampen UK house price growth slightly in June, the latest Hometrack survey has found.
posted by Webmaster  @ 7:55 AM 0 comments

Saturday, June 26, 2004 

ThisisLondon: Buy-to-let investors active
The buy-to-let bubble has not burst. But it has deflated, figures released this week reveal. Although the bottom has not fallen out of the market, buy-to-let property is no longer the exciting get-rich scheme it used to be.

posted by Webmaster  @ 10:11 PM 0 comments

Thursday, June 24, 2004 

Reuters | Bank of England voted 9-0 for rate rise: All nine members of the Bank of England's Monetary Policy Committee voted for this month's quarter-point rise in interest rates to 4.5 percent, minutes of their June 9 and 10 meeting show.
posted by Webmaster  @ 7:45 AM 0 comments

Tuesday, June 22, 2004 

House prices plunge HOUSE prices fell slightly during the second week of June, suggesting the booming property market could finally be slowing down, figures showed today.
posted by Webmaster  @ 11:05 AM 0 comments

Monday, June 21, 2004 

BBC NEWS | Business | Interest rates 'hit house prices' Rightmove said the price of the average house fell by 0.4%, or £683, during the week as recent rises in interest rates started to take effect.
posted by Webmaster  @ 1:50 PM 0 comments

Sunday, June 20, 2004 

The Observer | Cash | House prices start to cool, but there's no iceberg ahead: Is the property market heading for a fall? Comments by the Governor of the Bank of England Mervyn King last week about the possibility of a fall in prices sparked a wave of speculation about a market crash.
posted by Webmaster  @ 9:35 PM 0 comments

Saturday, June 19, 2004 

Headline news from Sky News - Witness the event House prices are set to fall by an average of 20% during the next three years as the booming property market corrects itself, a research group has claimed.
posted by Webmaster  @ 8:06 PM 0 comments

Friday, June 18, 2004 

BBC NEWS | Business | Slowdown in UK mortgage lending Mortgage lending slowed sharply in May, figures from the British Bankers' Association (BBA) have shown.
posted by Webmaster  @ 3:49 PM 0 comments

Guardian Unlimited Politics | Special Reports | Brown seeks to allay fears of house price crash don Brown last night moved to calm fears, stoked by Bank of England governor Mervyn King earlier this week, that the housing market might be heading for a crash.
posted by Webmaster  @ 7:52 AM 0 comments

Thursday, June 17, 2004 

The News & Star: CUMBERLAND PREPARES FOR HOUSE PRICE CRASH THE CUMBERLAND Building Society is setting aside extra cash for an emergency fund to cover mortgage defaulters if there is a house price crash.
posted by Webmaster  @ 9:36 PM 0 comments

Wednesday, June 16, 2004 

BBC NEWS | Business | UK jobless figure still falling UK unemployment fell by 9,000 in the three months to April to 1.43 million, official figures have shown.
posted by Webmaster  @ 10:36 AM 0 comments

Tuesday, June 15, 2004 

BBC NEWS | Business | House prices may fall, says King House prices may start to fall, the governor of the Bank of England has warned, saying people should be wary of taking the plunge into buying property.
posted by Webmaster  @ 7:42 AM 0 comments

Monday, June 14, 2004 

BBC NEWS | Business | House prices roar ahead in April The UK property market surged ahead during April with prices rising by 4.5%, latest government figures have shown
posted by Webmaster  @ 11:42 AM 0 comments

Sunday, June 13, 2004 

Interest rates: How high will they go? - [Sunday Herald]: After two hikes in interest rates in as many months, the cost of mortgages in Britain seems to be rising inexorably. The Bank of England says it’s necessary to cool the market to prevent a return to 1980s chaos … but will it work?
posted by Webmaster  @ 8:36 PM 0 comments

Saturday, June 12, 2004 

Economist.com | Global house prices: Australia's housing bubble could be the first to burst. It won't be the last: Good global housing article from the Economist.
posted by Webmaster  @ 3:47 PM 0 comments

BBC NEWS | Business | Market towns top house price rise: Beaconsfield is the most expensive market town in England in which to buy property, according to Halifax.
posted by Webmaster  @ 2:13 PM 0 comments

Friday, June 11, 2004 

BBC NEWS | Business | Why have rates gone up again? Interest rates have gone up for the second consecutive month. The chief economist at the Halifax bank, the UK's biggest mortgage lender, explains why the Bank of England's rate-setting committee has acted once again.
posted by Webmaster  @ 4:46 PM 0 comments

BBC NEWS | Business | Chinese prices hit 7-year high China's annual rate of inflation climbed to a seven-year high in May, bringing it closer to the level that may trigger interest rate increases.
posted by Webmaster  @ 2:57 PM 0 comments

Thursday, June 10, 2004 

BBC NEWS | Business | Bank lifts interest rates to 4.5% The Bank of England has increased interest rates by a quarter of a percentage point for the second month in a row, taking them to 4.5%.
posted by Webmaster  @ 12:05 PM 0 comments

FT.com / UK Spending Review 2002 Rampant house price growth is likely to spur the Bank of England into action again this week, economists said yesterday after yet more evidence that the housing market is uncomfortably strong.
posted by Webmaster  @ 8:03 AM 0 comments

Wednesday, June 09, 2004 

BBC NEWS | Business | Bank meets to decide UK rate fate The Bank of England's rate-setting committee is meeting to decide on whether to raise UK base rates for the fourth time in eight months.
posted by Webmaster  @ 9:09 AM 0 comments

Tuesday, June 08, 2004 

BBC NEWS | Business | House price rise 'gathers pace' Britain's housing boom continued to flourish in May according to Halifax, the UK's biggest mortgage lender.
posted by Webmaster  @ 10:39 AM 0 comments

Monday, June 07, 2004 

BBC NEWS | Business | Demand boosting service recovery Strong demand is driving recovery across the service sector, a CBI and Grant Thornton quarterly survey says.
posted by Webmaster  @ 7:54 AM 0 comments

Sunday, June 06, 2004 

This is London: Interest rate 'on the way up' MARKETS are betting on an increase in borrowing costs this week. Another quarter-point rise in base rates to 4.5% is being forecast as the Bank of England's Monetary Policy Committee tries to curb the boom in consumer credit.
posted by Webmaster  @ 9:28 PM 0 comments

Saturday, June 05, 2004 

This is London: Homeowners face financial ruin
FIVE million homeowners in Britain would face financial ruin if mortgage interest rates reached the levels they stood at for much of the 1980s, a survey conducted by This Is Money has revealed. A further 5m people would have trouble meeting their monthly repayments.
posted by Webmaster  @ 9:43 AM 0 comments

Friday, June 04, 2004 

BBC NEWS | Business | Oil slips further after Opec deal Oil prices have continued to fall in the wake of Thursday's move by producers' cartel Opec to boost quotas.
posted by Webmaster  @ 11:13 AM 0 comments

Thursday, June 03, 2004 

BBC NEWS | Business | Euro rates mark 12 months at 2% The European Central Bank (ECB) has left interest rates in the 12-nation eurozone unchanged at 2%.
posted by Webmaster  @ 5:20 PM 0 comments


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