House prices see first monthly fall since July 2021, says Nationwide
Investors reacted badly to the plan unveiled by the previous prime minister Liz Truss and her chancellor Kwasi Kwarteng in September, which promised billions of pounds of tax cuts without explaining how they would be paid for.
The figures paint a picture of "sharply weakening demand", said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown. Ms Streeter warned that the property market will remain in sharp focus, with the Bank of England expected to raise interest rates again this week in an attempt to bring down the current rate of inflation.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
HS2 could be cut after 'expensive mistakes' were made by Liz TrussRishi Sunak and Chancellor Jeremy Hunt are said to be considering up to £50bn in spending cuts
Lire la suite »
'Hello Mark': Wales First Minister Drakeford reveals full conversation with Liz Truss as PMWales's First Minister talks about losing his temper after being challenged by the leader of the Welsh Tories over the state of the NHS and his plans to step down in the middle of his term to allow a successor time to bed in
Lire la suite »
Calls for urgent investigation over claims Liz Truss' phone was hacked by Russian spiesThe Government is being urged to launch an urgent investigation following reports that Liz Truss's phone was hacked by Russian spies.
Lire la suite »
HS2 Investment Could Be Cut After 'Mistakes' Made By Liz Truss, Says Michael GoveHS2 investment could be cut after 'mistakes' made by Liz Truss, says Michael Gove
Lire la suite »