UK Housing Market Update One-in-five mortgage borrowers to be affected by negative equity According to Bank of England estimates, negative equity now affects roughly 3% of mortgage borrowers, or just over 350,000 households. Yet, if we are right and house prices still have at least another... 29th October 2008 · 1 min read
Emerging Europe Economics Focus ‘Super Deficit’ countries in recession in 2009 Huge current account deficits across Emerging Europe mean that Hungary and Ukraine are unlikely to be the only countries in the region to call on the IMF for emergency funding. As a period of painful... 29th October 2008 · 1 min read
Europe Economics Update Norges Bank cuts rates and signals further falls to come The Norges Bank today cut interest rates for the second time this month and signalled that further cuts are to come. But we continue to expect stronger economic fundamentals to ensure that rates fall... 29th October 2008 · 1 min read
Global Economics Focus How far will global house prices fall? To date, only a few major economies have been afflicted by large scale falls in house prices. But all that will change in 2009. Housing is significantly overvalued across much of Europe, as well as in... 29th October 2008 · 1 min read
Europe Economics Focus How far will global house prices fall? To date, only a few major economies have been afflicted by large scale falls in house prices. But all that will change in 2009. Housing is significantly overvalued across much of Europe, as well as in... 29th October 2008 · 1 min read
UK Economics Focus How far will global house prices fall? To date, only a few major economies have been afflicted by large scale falls in house prices. But all that will change in 2009. Housing is significantly overvalued across much of Europe, as well as in... 29th October 2008 · 1 min read
UK Housing Market Focus How far will global house prices fall? To date, only a few major economies have been afflicted by large scale falls in house prices. But all that will change in 2009. Housing is significantly overvalued across much of Europe, as well as in... 29th October 2008 · 1 min read
UK Economics Update UK interest rates to fall to 1%. Extraordinary circumstances require extraordinary actions. With the current recession likely to be deeper than that in the early 1990s and the credit crunch impairing the effectiveness of monetary... 29th October 2008 · 1 min read
