Hedge funds make million-pound bets against high street as Brexit uncertainty threatens UK economy
The number of people out shopping in the UK in November dropped to its lowest level since the 2008 recession, retail researchers say.
The European Court of Justice has ruled the UK can cancel Brexit without the permission of the other 27 EU members.
They aim to promote stability, but might actually increase uncertainty about real things like home values or investments
UK’s economic future requires more than one city to boast full gamut of jobs. That takes planning
Land now 51% of UK’s net worth – a huge transfer of wealth to landowners, say campaigners
Experts have warned the UK housing market is a “bubble on a bubble” as new figures reveal that property prices could be overvalued as much as 12pc.
A major farming charity is reporting a surge in the number of growers and livestock producers applying for state benefits.
The Royal Agricultural Benevolent Institution said it had helped people from the farming sector claim record levels of state benefits in 2017.
Global banking rules designed to prevent a repeat of the 2008 financial crisis have finally been agreed after a year-long deadlock.
The breakthrough was reached at a meeting of international financial regulators in Frankfurt today and updates the world’s financial rulebook, known as Basel III.
Shopping centre owner Intu is targeting new developments after selling half of its stake in a Norwich shopping centre, while reporting that footfall across its estate had improved in recent months.
Banks could take a £30 billion hit if one in every five consumer loans turns sour in a severe recession, the Bank of England warned on Monday.
The latest Financial Policy Committee statement underlined Threadneedle Street’s alarm at “rapid growth” in consumer credit, which has been rising at near double-digit rates.
Confidence among property professionals about the health of the real estate market has doubled since last year, according to a new survey.
Property investors, developers and agents controlling a combined £400bn of assets were asked about how optimistic they were about the future of UK real estate, with 29pc saying they were feeling optimistic.
Near-zero rates have spurred borrowing and left consumers, businesses and governments at risk, says Basel institution
House prices are likely to stay at high levels and potentially keep on rising over the coming decades, as big economic and demographic trends show no sign of letting up, according to a former Bank of England policymaker.
Rest of British population, especially young and those renting homes, still struggling, says Resolution Foundation
Many economists do not expect UK interest rates to rise until 2019 despite inflation remaining above target, according to a BBC snapshot.
They believe that the Bank of England's Monetary Policy Committee (MPC) will be reluctant to raise rates during Brexit negotiations.
The construction industry has slumped to a one-year low as commercial work declines and future projects dry up.
The Markit purchasing managers’ index (PMI) which gives an insight into the health of the sector at a grassroots level recorded a reading of 51.1 in August, down from 51.9 the previous month.
The UK housing market is feeling the pain from a growing squeeze on consumers since the Brexit vote, Nationwide warned on Tuesday.
A recent price dip could mean a slump is on the way, but examples such as Dublin show this might not be good for the economy
In a lecture in Cambridge a few months back, Lord (Mervyn) King, the former Governor of the Bank of England, observed that the way the regulation of banks had developed since the financial crash had produced a system which was far too complex.
Opt in here