Tag Archive | "iva"
Gardens Disappear To Property Developers
Property developers are becoming so desperate for building space that they are chasing homeowners hoping they will sell off their gardens. They hope the temptation of large cash sums will tempt householders into parting with their gardens as the credit crunch and rising prices makes life more difficult for everyone. However, the so-called ‘garden grabs’ have [...]
Continue reading...House Prices May Fall In Real Terms, Says Governor
Tuesday, February 19, 2008
The Governor of the Bank of England, Mervyn King, has warned that property prices could fall in real terms over the next four years. If house prices stagnate or rise below the level of inflation then their real values will fall. He said: “The central view in this forecast is, looking several years ahead, there’s no [...]
Continue reading...Northern Rock Adds £100bn to National Debt
Friday, February 15, 2008
The Northern Rock fiasco looks likely to add £100bn to the national debt, and Labour’s economic competence is under question as a result. The Office for National Statistics has given the figure – which calculates to around £3,000 for every family in Britain – to the Government, and it could mean that Gordon Brown’s golden rule [...]
Continue reading...Surprise As Treasury Wants Arnold Back In Northern Rock Bidding
Monday, February 11, 2008
The bidding for Northern Rock may not be over yet, as Olivant has agreed to meet with officials from the Treasury to see if their bid can be resurrected. The withdrawal of Luqman Arnold’s Olivant on Monday left only two bidders for the bank – the current board and Richard Branson’s Virgin-led consortium – and shares [...]
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Monday, March 10, 2008
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