The RICS UK Housing Market Survey found that 57% of London Chartered Surveyors reported that they had noticed a rise in London house prices in May. This was up from 55% in April.
News & Press
Fiscal Watchdog downgrades UK economic growth to 2.6%
June 14, 2010 – 2:43 pm
The new independent fiscal watchdog has downgraded UK economic growth from the 3 to 3.5% estimate given in Labour’s budget by Chancellor Darling, to 2.6% in 2011.
Base rate remains at 0.5%
June 13, 2010 – 7:57 pm
The Bank of England’s Monetary Committee has announced the base rate will remain at 0.5% for the fifteenth consecutive month. This was in line with market expectations. Economists are waiting for George Osbourne’s emergency budget announcement before predicting when the base rate will rise again.
Bank of England keep base rate at 0.5%
May 10, 2010 – 9:13 pm
The Bank of England’s Monetary Committe have annouced their decision to keep the base rate at 0.5% for yet another month. With the UK still with an unconfirmed Government, the decision to keep the base rate at the same level was as expected.
