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Harriet Harman concedes economic gloom spells trouble for Gordon Brown - Daily TelegraphThe deputy leader backed Chancellor Alistair Darling's ominous assessment of the economy last week and admitted that Labour needed to "have a different conversation with the country now". She said: "When people feel that their lives are more of a ...
Credit crunch to last another 18 months - Times OnlineThe credit crunch could last another 18 months, with the property market to remain stagnant until 2010, a leading British mortgage provider warned today. Andy Hornby, chief executive of HBOS, said house prices were not likely to rise again until 2010 ...
Leading article: This is not a plot. It is a groundswell of discontent - The IndependentThe first big beast in the Labour jungle has roared for the Prime Minister's head. Charles Clarke, the former Home Secretary, yesterday called on Gordon Brown to "stand down with honour", unless he is able to resurrect the Government's popularity ...
Credit crunch could last another 18 months says mortgage provider - Daily MailHard times ahead: Financial chiefs say the credit crunch could last another 18 months The credit crunch could last another 18 months, the head of Britain's largest mortgage provider said today. Andy Hornby, chief executive of HBOS, told the BBC house ...
Housing gloom deepens as prices plunge 12.7% - Times OnlineHouse prices fell by 12.7 per cent in the year to August, it emerged today, declining at the fastest rate since 1983. Today's figure is above the 10.5 per cent annual fall recorded by Nationwide last month. Halifax said today that house prices in the ...
Gordon Brown's vision still falls short - InsideHousingA national mortgage rescue scheme could offer hope to thousands of families facing repossession. It could ease some of the pressure on local authorities. It could create a nationwide programme – almost a reverse right to buy – with enough clout ...
Bargain home prices here? Yes, but ... - Dallas Morning NewsYou hear a lot about how cheap housing is in Texas. And indeed, the median home sales price here in the Dallas-Fort Worth area is more than 25 percent below the national median – even with the big price retreats in some parts of the country. But ...
Mortgage bailout to cost taxpayer £40bn - This is MoneyThe Treasury is considering a £40bn scheme that would see the kind of guarantees offered to Northern Rock extended to home loans. The move, possibly as early as next month, would be the next phase of Gordon Brown's plan for cushioning the effects ...
Brown cautiously optimistic on economy - MSN UK NewsLONDON (Reuters) - The economy is facing a difficult time but will get through the current downturn, Prime Minister Gordon Brown said on Thursday, pledging further measures to help struggling families make ends meet. In a speech to business leaders ...
Job losses mount in the U.S. - Globe and MailOTTAWA — The U.S. jobless rate jumped to the highest in five years in August, pushing the world's largest economy closer to the brink of recession just two months before the country chooses its next president. American employers shed 84,000 workers ...
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