Daily Doom

[BlasterBates]

oh dear

http://news.bbc.co.uk/1/hi/business/7911735.stm

[Platypus]

oh dear

good

[DimPrawn]

http://news.bbc.co.uk/1/hi/business/7910329.stm

The cost of renting a home has dropped as frustrated property sellers have been flooding the market, according to two separate surveys.

Owners were choosing to let rather than sell, having accepted that property prices were likely to stay low for some time, said property website Globrix.


http://news.bbc.co.uk/1/hi/business/7911722.stm

Royal Bank of Scotland (RBS) has announced the largest annual loss in UK corporate history.

RBS, which had to be bailed out by the government last year, said that its 2008 loss totalled £24.1bn ($34.2bn).

http://news.bbc.co.uk/1/hi/business/7911825.stm

Britain biggest insurer Royal Sun Alliance (RSA) is to cut 1,200 jobs in the UK by the middle of next year.


http://news.bbc.co.uk/1/hi/business/7911489.stm

Insurance firm Legal & General is planning to cut between 250 and 450 jobs, the BBC has learned.



I blame Thatcher.

[BrilloPad]

So what is the total fall since JUly 2007?

[KentPhilip]

oh dear

http://news.bbc.co.uk/1/hi/business/7911735.stm

oh good

(a cheaper house for me to buy)

[Bagpuss]

Immigration and limited supply of land will keep prices rising, It's simple supply and demand. That's why it's different this time.

[Svalbaard]

This is great news for me. I'm looking to buy another house soon.

[sasguru]

Luckily CyberCretin's house went up by 43% this month alone.