Bank of England policymaker hints at possible rate cut

Another Bank of England policymaker has floated the idea of cutting the central bank’s main interest rate. Gertjan Vlieghe told the Financial Times he will consider voting for a rate cut depending on how the economy has performed since the December election. The rate is used by banks and other lenders who set borrowing costs. It affectsContinuă lectura „Bank of England policymaker hints at possible rate cut”

Estate agents report ‘uplift’ in housing market

There has been an „uplift” in sentiment in the housing market following the general election, according to a survey of property professionals. Sales expectations had „risen sharply”, the Royal Institution of Chartered Surveyors (RICS) said. House sales rose last month for the first time in seven months, boosted by higher activity in London and theContinuă lectura „Estate agents report ‘uplift’ in housing market”

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