Saturday, November 8, 2008

Ignore the headline – somebody’s been cribbing our own conclusion

Tesco boss put pressure on Bank to cut rate

"The latest forecast from Tradition Future HPI, which uses the futures market as a guide to where house prices are heading, is its grimmest to date. It predicts the average house price will fall to £114,347 by October 2011, a drop of 43% from the peak in August last year." Which is in line with the average 42% fall that we predicted in the fun online poll on this site.

Posted by mark wadsworth @ 04:52 PM (841 views)
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8 thoughts on “Ignore the headline – somebody’s been cribbing our own conclusion

  • In the voice of Monty Burns “Exellent”

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  • then again Mrs Brown used to appear in the tesco magazine all the time, this just goes to show how corrupt Tescos is and how corrupt the govmt.. are…………..

    They screw us and screw the producers for what? so Terry can fill his pockets along with Browns…………..this is very clear now..

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  • mark wadsworth says:

    @ Mark, before we lay into the eternal boo men Tesco, think about the malign influence that J Sainsbury plc exert on our gummint, see point 2 here.

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  • Mark W, all supermarkets are the same, we need to grow more and use local farmers………. But tescos has been allowed to grow too much……….

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  • We have very few world class British companies. Tesco is one of them.

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  • inflation is eating my savings says:

    Supermarkets are loathsome. The food they sell and the damage they do to communities is disgusting.
    However, someone once made an argument to me that without them or their mechanism, food distribution to 60+ million people just wouldn’t work very well. Never seen an analysis of this, but it is worth pondering. I don’t have an answer. Then again I have never seen a real analysis of the the “don’t tax rich people or they will leave” story. Has anyone here?

    Stay away from the bacon at tesco, it is particularly nasty.

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  • loathsome? who are you SP Morrisey

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  • Inflation Is Eating My Savings says:

    no, who is SP Morrisey?
    Excuse my ignorance.

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