Daily Archives: Sunday, September 16 , 2007

Who is trying to pull the wool over our eyes?

The front page in today’s Observer:
‘Housing boom over’ as UK bank chaos grows
Britain’s house price growth will be halved next year as the global financial crisis exacerbates the impact of rising mortgage rates, according to Nationwide, the biggest mortgage lender.
After the dramatic bail-out of high street bank Northern Rock underlined the impact of the American [...]

Posted in Economics, In the UK | Comments closed