Sunday, February 3, 2008
Is this a spoof story from BBC?
Treasury advisor David Miles, reckons that BoE needs to chip in another 60Bn or so to keep the housing market moving (the desired direction being upwards I assume from the tone of the article). It sounds far-fetched and unbelievable, but it's on the BBC business pages so I guess it must be true. Hope someone else can read this and convince me it's a practical joke.....please.