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We’re heading for recession, the Bank of England governor Mervyn King warned recently – just a few days after Housing Minister Margaret Beckett declared at a dinner that she wanted the government to release more land for new homes. What an interesting and depressing juxtaposition those two statements present.
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Inflation will be curbed says King

Bank of England governor, Mervyn King, is confident that inflation will return to the government's target of 2%, but admits that the economy must slow first.
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Posted by
Marc Da-Silva
in Bank of England, Mervyn King, News on Thu 26 Jun 2008

Market will bounce back in a year, say economists

Economists addressing the British Property Federation’s (BPF) annual conference maintained that the property industry’s fortunes are set to recover by 2009 as the market becomes more transparent.
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Posted by
Marc Da-Silva
in Bank of England, British Property Federation, Caroline Flint, Citi Property Investors, Joseph Azrack, Mervyn King, Morgan Stanley International, Sir David Walker on Thu 12 Jun 2008

Inflation Rises to 3%

Annual inflation has risen to 3% from March’s figure of 2.5% – the largest increase since July 2002.
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Posted by
Marc Da-Silva
in Bank of England, Bank of England Monetary Policy Committee, Mervyn King, News on Wed 14 May 2008

Banks to receive £50bn lending boost

Banks will be handed a £50bn cash injection to ease the mortgage market crisis and prevent further damage to the UK banking system and economy.
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Posted by
Marc Da-Silva
in Alistair Darling, Bank of England, Mervyn King, News on Mon 21 Apr 2008
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