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Will The Boe Cut Irs On Thursday?
thirdeye replied to The Masked Tulip's topic in House prices and the economy
http://www.marketwatch.com/story/bank-of-england-should-worry-about-a-brexit-boom-not-a-brexit-bust-2016-08-03 “Mark Carney, the governor of the Bank of England, is hardly the most reliable guide to anything. He warned constantly that interest rates would have to rise soon, but had managed to get through three years in office without changing them even once — until today. He had been through several versions of “forward guidance,” and come up with a range of newfangled ways of managing monetary policy, only to abandon them after a few months. An East German Trabant was more likely to get you to your destination on time. “ -
London House Prices Are The Most Overvalued In The World
thirdeye replied to tyres's topic in House prices and the economy
https://www.ubs.com/global/en/wealth_management/wealth_management_research/global-bubble-index.html?campID=INTERNAL-HPPROMOTEASER-ubs_global-real-estate-bubble-index-en -
Govt Pensions Consultation Due September
thirdeye replied to Si1's topic in House prices and the economy
https://www.gov.uk/g...ions-tax-relief "We are analysing your feedback""Once the consultation closes on 30 September 2015 the government will consider all responses and publish a ‘summary of responses’. This will set out how the government intends to proceed." -
http://www.bbc.co.uk/news/business-29514900 Savings of up to £1m are to be protected under new proposals from the Bank of England aimed at avoiding a Northern Rock style run on a bank. Only money temporarily deposited in a bank, because of a house sale or an inheritance, for example, will be protected for a period of six months. Under current rules a maximum of £85,000 is protected. The new rules are due to come into force by July next year.
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20% Off Your First Home -- Merged Threads
thirdeye replied to Bruce Banner's topic in House prices and the economy
"The starter homes plan would apply only to England, whereas Help to Buy is UK-wide." http://www.bbc.co.uk/news/uk-politics-29387866 Not obviously worried about losing their only Conservative MP in Scotland -
http://www.theguardian.com/business/2014/may/25/britains-housing-crisis-experts-solutions "The UK housing market is in desperate need of reform. As Lloyds Banking Group imposes a cap on large loans, we ask experts from all sides of the issue for their solutions" The expert opinions can be found in the comment section.
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http://money.aol.co.uk/2014/05/21/2-million-over-55s-plan-to-downsize-a-risky-business/ "A new study has shown that around two in five of all people over the age of 55 plan to downsize their home in order to help fund their retirement. On average they need to free up £85,000 in order to make their retirement plans a reality. However, they are taking some significant risks."
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Inflation Link On Final Salary Pensions Faces Axe
thirdeye replied to Sancho Panza's topic in House prices and the economy
Early Retirement -
Italy May Leave The Euro
thirdeye replied to The Ayatollah Buggeri's topic in House prices and the economy
http://rt.com/news/italy-protest-police-housing-035/ "Police have used tear gas against protesters as hundreds marched through central Rome demanding better housing policies. The rally turned violent when demonstrators started throwing eggs, smoke bombs and bottles at law enforcers" -
Italy Considering A Tax On Savings Deposits.
thirdeye replied to Bruce Banner's topic in House prices and the economy
"In 2008, Mr. Berlusconi won re-election with a campaign that promised to remove property taxes on first homes — and did. Reversing that would help state coffers, but would be a significant political defeat. " http://www.nytimes.com/2011/08/11/world/europe/11italy.html -
Italy Considering A Tax On Savings Deposits.
thirdeye replied to Bruce Banner's topic in House prices and the economy
"Among the proposals on the table listed by Italian newspapers were an earlier than expected increase in the minimum pension age, accelerated cuts in social welfare payments, a new tax on second homes and a wealth tax on savings." http://www.news.com.au/business/breaking-news/stocks-crash-as-italy-readies-structural-reforms/story-e6frfkur-1226112833126 -
http://www.cypnow.co.uk/go/foryouthssake/article/1069369/quarter-million-children-arrested-year/ “Of particular concern to the charity is that 22,135 children aged between 10 to 13 were arrested in 2010.” Jail. (Law) a place for the confinement of persons convicted and sentenced to imprisonment or of persons awaiting trial to whom bail is not granted vb(tr) to confine in prison Arrest. (Law) to deprive (a person) of liberty by taking him into custody, esp under lawful authority