Britain’s economy grew more slowly on an annual basis
than all other Group of Seven countries in the final three months of last year,
after consumers were hurt by higher inflation caused by the pound’s fall after
the Brexit vote in June 2016. The housing market has also been sluggish -
especially in London and surrounding areas - and major mortgage lender
Nationwide said earlier on Thursday that prices in January rose at their
weakest annual rate since August, up 2.2 percent on a year earlier. But the BoE
said the number of mortgages approved for house purchase rose to 67,478 in
January from a one-year low of 61,692 in December. Read more on the Reuters website.
Forced home moves cost renters over half a billion pounds a year
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There were 83,000 unwanted moves in England over the past 12 months,
meaning 40% have been forced to relocate
Unwanted home moves cost renters over half ...
2 hours ago
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