Figures from the Office for National Statistics show growth in the Finance and Business Sector -.’The City’ - to be just 0.4 per cent for the first quarter of 2008.
The City is responsible for over 30% of UK output and has brought the whole economy to its own level - a far cry from Alistair Darling’s budget [...]
UK Finance News
Entries from May 2008
Finance & Business Services sector slumps to 3-year low
James Stafford - Friday 02.05.08, 05:42am
Tags: Banking · City news · UK economy
April house price fall adds up to 1% for the year
James Stafford - Thursday 01.05.08, 05:51am
Nationwide Building Society reports that house prices fell again in April, this time by 1.1%.
This adds up to a 1% fall on average prices from April 2007 - the average price for a house in England is now £178,555 down by £1,759.
The Building Society blamed a weakening market impacted by affordability issues - hundreds of [...]
Tags: Property Market · UK economy · UK interst rates
