Topic: Gordon Brown

Crackdown on expenses for lawmakers: reports

Lawmakers will be banned from claiming mortgage interest payments as part of a sweeping overhaul of their expenses system in the wake of a damaging scandal, reports said late Tuesday.Members of parliament will also be barred from employing relatives under planned reforms ...

Crackdown on expenses for MPs: reports

MPs will be banned from claiming mortgage interest payments as part of a sweeping overhaul of their expenses system in the wake of a damaging scandal, reports said late Tuesday.Members of parliament will also be barred from employing relatives under planned reforms ...
The article provides an author's view on the promise of Prime minister Gordon Brown to build three million homes in Great Britain. Moreover, as a result of the credit crunch, many developers are struggling to raise private finance to back their schemes. ...

Confidence among consumers rises

Consumer confidence recorded its third monthly rise in April to reach its highest level in a year, according to a new survey.. The monthly snapshot by pollsters GfK NOP found public opinion in the UK in a more positive mood than at ...

Home repossessions jump 50 percent

The number of homes repossessed last year jumped by more than 50 percent to reach a 12-year high as the financial crisis left home owners unable to pay their mortgages, industry figures released on Friday show.A total of 40,000 properties were repossessed ...

We'll cut tax for savers, say Tories

DAVID CAMERON offered ?4.1 billion in tax cuts for pensioners and savers today.. Mr Cameron called them "innocent victims" of the recession.. The move by Mr Cameron and Mr Osborne opened up a wide gap between their strategy for coping with the ...
Britain's banks finally caved in to growing public and political pressure yesterday and agreed to pass on to their customers the full 1.5 percentage point cut in interest rates.After an early morning meeting with the chancellor, Alistair Darling, the UK's biggest lenders ...

A matter of protocol

//www.guardian.co.uk/money/2008/oct/23/gordon-brown-mortgages-home-repossessions">Gordon Brown this week, as he announced what he claimed was "new guidance for the judiciary to halt or adjourn court action on repossessions, unless alternative options that help the homeowner & In reality, though, Brown has clutched at a pretty limited ...

Property sales collapse, prices plummet

Estate agents are selling less than one property a week as a lack of mortgage finance hits the number of people moving house, fuelling plummeting prices, a surveyors' body said on Tuesday.The Royal Institution of Chartered Surveyors (RICS) said its members sold ...
"Our experience of the downturn in the U.S. housing market has enabled us to recognize the early signs of market weakness in the U.K. and act swiftly to position our U.K. housing business for a difficult trading environment. "Japan has begun talks ...
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