The price of an average house will rise 14% over the next four years, reaching the highest ever recorded in Britain, a report will say today.
Analysts the Centre for Economics and Business Research predict the typical home will be worth more than £200,000 by 2015, up from its current £176,000, though this will still be below inflation. Daily Mail MORE
“Psychological scarring” in the wake of the financial crisis and a growing reluctance to take risks in financial markets can lead to over-pessimism and threatens to delay the economic recovery, a top Bank of England official has warned. Guardian MORE
Workers in the highest tax brackets are paying as much as 66% on their earnings as they are hit by large income tax rates while losing out on valuable allowances, a report by a right-wing think tank published today suggests. Telegraph MORE
