Bank warns of hard times October 26, 2005 Bank of England governor Mervyn King has warned that the British economy is about to embark on a bumpy ride over the coming years after the stability enjoyed in recent times. At a hearing in front of a House of Lords parliamentary committee, King said people should not expect the Bank to “fine tune the [...]
How the Queen’s Dressmaker got its cutting edge back October 25, 2005 When Timothy Maltin was just 27 he became the managing director of a national institution. Five years ago, Timothy Maltin went to work in tracksuit bottoms and a green Pilgrim Services sweatshirt top. Just the job when you’re running a grave tending business. But these days Maltin is chairman and chief executive of Hardy Amies, [...]
House price drop cannot be hidden October 24, 2005 Annual house price inflation was 1.8 per cent according to the latest analysis by the Nationwide Building Society. That is the lowest figure since May 1996, but it is still an exaggeration. Prices rose by 1.8 per cent in the six months to last April — but they have not risen at all in the [...]
House prices slip again October 24, 2005 House prices have fallen for the 16th consecutive month according to the Hometrack October survey. This pours cold water on recent claims that the market is picking up. Hometrack says that the average house price has fallen by 3.5 per cent to £160,000 over the past 12 months from a peak of £167,000 in June [...]
House prices to stay static October 19, 2005 John Watson, chief executive of Bellway, the housebuilder, yesterday dampened expectations of a significant increase in house prices between now and next summer. Commenting as the company delivered otherwise impressive annual results, he said: “My feeling is that it is right to assume nil house price inflation in our next financial year, which is to [...]