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Chancellor sets out proposals for G7 to tackle credit crisis |
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Written by Independent
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Friday, 14 September 2007 |
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The Chancellor, Alistair Darling, has written to fellow European finance ministers setting out detailed proposals for the Group of Seven club of large Western economies to deal with the credit squeeze. In words that will do little to appease jittery money markets, Mr Darling said "the primary responsibility for managing risk is, and must remain, with individual financial institutions and investors". |
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Boom turning to gloom as house prices begin to show signs of falling |
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Written by Guardian
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Thursday, 13 September 2007 |
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The first signs that Britain's long-running housing boom could be over have begun to appear, with prices across England and Wales falling last month for the first time in nearly two years. Five interest rate rises in the past year have made it increasingly difficult for first-time buyers to get on to the housing ladder, according to a report published today by the Royal Institution of Chartered Surveyors. |
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House price boom 'causing misery' |
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Written by BBC Online
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Wednesday, 12 September 2007 |
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The house price boom of recent years has brought "misery" to thousands of people and represents a "failure" of policy, a leading economist has argued. |
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Economic growth eases slightly |
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Written by Reuters
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Friday, 07 September 2007 |
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The economy grew by 0.7 percent in the three months ending August, easing slightly from 0.8 percent in the quarter ending July, the National Institute of Economic and Social Research said on Friday. |
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World economy 'facing slowdown' |
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Written by BBC Online
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Friday, 07 September 2007 |
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Global economic growth is likely to be dampened by the turbulence which has swept world markets, the International Monetary Fund (IMF) has said. |
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Rate rises start to dampen house price inflation |
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Written by Independent
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Thursday, 30 August 2007 |
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Further evidence of a slowdown in the housing market emerged yesterday, as the Government's Land Registry said house price inflation had fallen to its lowest rate in more than a year. |
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