House Prices up says latest Nationwide survey.......

  UK house prices increased by 0.7% in January, and were up 8.8% from the same month in 2013, according to the Nationwide Building Society. The biggest rise was an 11.2% increase in London, but there was a fall of 0.1% in the north east of England. Robert Gardner, chief...


Governor makes case for permanent low interest rates...........

 At a lunch for business leaders in Davos, Mark Carney made some remarks which showed that he does not want interest rates to rise for some time yet, even though unemployment is very close to the level where the Bank of England would in theory start to evaluate whether it is...