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UK heading for new financial crisis 'on grander scale than 2008' with Bank of England 'asleep at the wheel', says ASI | Business News | News | The Independent
I blame Brexit and Global Warming.
"Millions of middle-class workers will face a "retirement crisis" if George Osborne pushes ahead with a multi-billion pound raid on pensions, a new analysis has found.
The Chancellor is considering plans to end more generous rebates for higher rate taxpayers on pension contributions and replace...
Source: http://www.telegraph.co.uk/finance/property/house-prices/12154769/George-Osbornes" George Osborne’s multi-billion-pound raid on landlords risks damaging Britain’s economic recovery, according to a committee of MPs.
The Commons Treasury select committee (TSC) said the Chancellor’s...
Coco bonds: what are they and why have they hit bank shares? - BBC News
The idea that the public will never again be called on to bail out the banks is not only untrue but a dangerous assertion.
"Bank deputy Sir Jon Cunliffe warns consumer debt remains 'large by historic standards', leaving the economy 'vulnerable to shocks'
Bank of England policymakers will act "sooner rather than later" to curb credit growth, if the recent rise in household debt starts to gather pace, a top...
Financial market turmoil could blow a hole in Osborne's budget plans, says IFS
Chancellor's 'inflexible' budget surplus rule could come at a high cost, warns IFS, leading to big tax rises ( :eek ) or spending cuts (AtW's comment: yeah right)
" Financial market turmoil and slower pay growth...
"Landlords will sell 500,000 properties in the next 12 months, according to new research from buy-to-let investor trade body the National Landlords Association (NLA).
It says landlord confidence is at its lowest ebb since the dark days of the banking crisis.
The proportion of landlords looking...
Migrant crisis: EU at grave risk, warns France PM Valls - BBC News
Can't we just send them all home? Start with the French.
Confiscate all their property. Should reduce government debt a bit....
Is it just going to drop and drop and drop? It seems a bit odd to me that with China struggling, [mostly foreign-owned] oil tanking, etc, the pound is weakening so substantially.
Or was the 1.40 period the abnormality and we're just back where we 'should' be?
Buy-to-let homes face higher stamp duty:
Autumn Statement: Buy-to-let homes face higher stamp duty - BBC News
Good article showing the differing opinions on the BTL market:
theRatandMouse - London's property blog
Most lot here call themselves free spirits and consider themselves intelligent.
Can all those cartoon socialists come forward and show us their crack? :yay:
Interested on fellow CUKers thoughts on the above. I hearing differing views that generally the housing market goes quiet leading up to a general election and then picks up after. What are people's thoughts - is it a case of sit tight and see what happens for now or go for what is currently...
BBC News - Ebola case confirmed in Glasgow hospital
Put up your barricades, break out your shotguns, and go and hide in the cellar with your Army surplus tinned food :frown
It's getting closer. Wonder who else she has been in contact with before the diagnoses, and who the 'contacted' have been in contact with and so on.
And our government thinks ISIS is the bigger worry...
BBC News - Ebola outbreak: Nurse infected in Spain
Linky
The bozos are about to start extracting spent rods, normally shifted around by robotic devices with millimetre precision so they don't touch. These rods are damaged, bent and about to be removed manually. By these people. That can't measure a pot and fill it with water.
If these rods...