UK house prices last month saw their biggest annual decline since November 2012, in the latest sign of the lasting pain that the ill-fated “mini” budget conceived by former Prime Minister Liz Truss inflicted on Britain’s property market. The average price of a house fell 1.1% to £257,406 in February compared with a year earlier, lender Nationwide said Wednesday.
Data published by the Bank of England Wednesday showed that mortgage approvals fell for the fifth consecutive month in January to their lowest level in more than two years. “Inflation has continued to outpace wage growth, and mortgage rates remain significantly higher than the lows recorded in 2021,” said Gardner at Nationwide. “Even though consumer sentiment has improved in recent months, it is still languishing at levels prevailing during the depths of the financial crisis.
But Biden said he rescued the economy? Did he lie?
Lol
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
CNN exclusive: Yellen says 'so far, so good' in US inflation battle | CNN BusinessTreasury Secretary Janet Yellen tells CNN 'so far, so good' on the US battle against inflation, and that she expects a soft landing She also said it was “transitory “ 🤦🏻♀️ Just like she said inflation will not happen and be “transitory”….. 😘😘✌️
Fuente: CNN - 🏆 4. / 95 Leer más »
Video: Why the 4-day work week isn't for everyone on CNN Nightcap | CNN BusinessBloomberg Work Shift Commentator Julia Hobsbawm tells 'Nightcap's' Jon Sarlin the four-day work week is not a 'one size fits all' because some workplaces may not benefit from the shorter work week. For more, watch the full Nightcap episode here.
Fuente: ALNewsNetwork - 🏆 583. / 51 Leer más »
How an Arizona 'spy balloon' company is connected to Sen. Mark Kelly and ChinaTucson-based World View was cofounded by now-U.S. Sen. Mark Kelly in 2012. Could have done a better job on that lead in. 🤦🏼♀️ So SenMarkKelly started a co, took investment $$ then sold co. TenCent had NO input, NO ability to see data & nothing happened…Got it!!
Fuente: axios - 🏆 302. / 63 Leer más »
UK grocery price inflation hits record high as more stores impose rationing | CNN BusinessA measure of UK grocery price inflation soared to a record high this month — that's more bad news for consumers already facing a shortage of fruit and vegetables that has led to rationing at major supermarkets. The outrageous fleecing continues. Can we say backyard garden? or orchard? I don't reccomend a backyard slaughterhouse. Building back better
Fuente: cnni - 🏆 326. / 59 Leer más »