Recently released figures have shown that the level of property sales in February picked up. The data was released by HM Revenue and Customs, and showed that there was a 14 percent increase in completed property sales in February compared to the previous month. (more…)
Tags: housing market, property sales, stamp duty, British Bankers Association, Alistair DarlingOver the past few weeks many industry officials and groups were convinced that Britain was at last coming out of the other side of the recession. It was widely expected that official third quarter figures would show that there had been an increase in economic output and that the nation would officially be out of recession. (more…)
Tags: bank of england, Macroeconomics, Recessions, Late 2000s recession in Europe, Mervyn King, Market trends, Alistair Darling, Quantitative easingThe Chancellor of the Exchequer, Alistair Darling, has recently expressed concern over the amount of interest that is being charged on loans that are taken out by small firms. (more…)
Tags: Alistair Darling, loan rates, business loans, loans