Monday, Apr 21, 2008
Slippery slope
Reuters: Sterling slides, mortgage plan fails to impress
Sterling fell 1.5 percent against the euro on Monday as soft UK house price data reinforced jitters about the health of the economy and a Bank of England plan to ease credit market strain failed to impress. Annual house price inflation in England and Wales slowed to its weakest level since mid-2005 this month as a survey from property website Rightmove showed.
Posted by alan @ 07:36 PM (256 views) Add Comment
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