July 3rd, 2009
Times Online: Coffee Republic set for administration Still more green shoots turn into the brown stuff. The future of Coffee Republic, the coffee shop chain, was in doubt this evening after it asked for trading in its shares to be suspended ahead of the appointment of administrators to a number of subsidiaries, including its UK […]
Posted in Housing | No Comments »
July 3rd, 2009
The Times: Housing is turning the corner The housing bears say that the market is driven by first-time buyers and first-time buyers can’t get mortgages. Therefore, prices will slide. But the market could equally be said to be driven by last-time sellers — people trading down to smaller properties as their children leave home or […]
Posted in Housing | No Comments »
July 3rd, 2009
Telegraph: BT offers thousands of workers ‘holiday of lifetime’ on quarter pay A senior manager in BT said the scheme is designed so that staff can go off on the “long holiday they’ve always wanted without having to quit their jobs”, which is probably quite nice if you don’t have a large mortgage to pay […]
Posted in Housing | No Comments »
July 3rd, 2009
Retuers: U.S. regulators close seven banks FDIC has bailed out seven banks today. This is the highest number of failed banks in a single day ever, and the second week running that the record has been broken.
Original post by jonb
House Price Bookmark
These icons link to social bookmarking sites where readers can share and discover new […]
Posted in Housing | No Comments »
July 3rd, 2009
This is Money: My buy-to-let barometer swings from plus to minus It seems search engine interest in buy-to-let, the sharp end of property interest, has plunged in recent months. So surely that will begin to filter through to the market shortly and snuff out the recent revival, won’t it?
Original post by v idiot
House Price Bookmark
These […]
Posted in Housing | No Comments »
July 3rd, 2009
Portland isn’t the only city canceling firework shows this year. Both Fort Vancouver and The Blues Festival have canceled their shows.
From MSNBC:
The skies will be dark and silent over Colorado Springs, Colo., on Saturday. Because of the recession, city officials canceled their Fourth of July fireworks display, a three-decade-old extravaganza that was one of the […]
Posted in Housing | No Comments »
July 3rd, 2009
Telegraph: UK homeowners pay back a record £8.1bn of mortgage debt “UK homeowners repaid a record amount of mortgage debt in the first quarter of the year, in the latest sign that the credit crunch is forcing Britons off a decade-long spending splurge.Britons injected £8.1bn to pay off their mortgage debt in the first three […]
Posted in Housing | No Comments »
July 3rd, 2009
Write About Property: Worst of UK House Price Falls Over - Yeah Right Addressing a Treasury Select Committee on his appointment to the interest rate-setting Monetary Policy Committee, Miles said:
“Expectations are crucial in the housing market and they look a bit better now than a few months ago. My hunch — and I put it […]
Posted in Housing | No Comments »
July 3rd, 2009
Mail Online: Indian IT staff taking British jobs at Lloyds Banking Group Hundreds’ of Indian contractors are being brought to the UK by state-backed Lloyds Banking Group, which is using them to slowly replace British IT workers. At the same time Llloyds Banking Group announced the biggest single jobs cull yet under its integration programme […]
Posted in Housing | No Comments »
July 3rd, 2009
FT: Quantitative easing, credit easing and enhanced credit support aren’t working; here’s why. I propose a combination of mandatory recapitalisation of the banks and a debt Jubilee for the household sector to remove the two key obstacles to an economic revival.
Original post by devo
House Price Bookmark
These icons link to social bookmarking sites where readers can […]
Posted in Housing | No Comments »