Dire predictions from the NH&PAU that the bottom quarter of or population will never be able to afford housing. Not since Margaret Thatcher walked the floor boards of number ten have things looked so bad for the more vulnerable in our society. From BN … According to the National Housing and Planning Advice Unit,...
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Houses 10 times earnings of bottom 25 percent
One million UK homeowners to see 30% increase in loan payments
As storm clouds gather and the UK suffers unseasonably bad weather, reading the press over the last few days it seems that further bad news is on the way. Is it just a gloomy time of the year or did the UK have it too good for too long? Is Gordon Brown about to...
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UK banks fear return of negative equity
With the latest increase in interest rates announced by the Bank of England this week many UK lenders are cutting back their exposure to a potential fall in house prices throughout the country. With house price increases in the UK finally showing signs of a slow down (except in the London area) HSBC is...
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Adobe CEO should eat his own words
In a broadside attack on Microsoft’s announcement of Silverlight, a new competitor to Adobe’s Flash software, Adobe CEO Bruce Chizen unleashed a vitriolic attack on the Seattle based company’s reputation for support multiple platforms. "Even though they say Silverlight is going to be cross-platform, and maybe the first will be, I’m not sure...
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