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UK House Price Outlook: The long rise stutters, but not because of policy
Lecturer in Economics, Alan Shipman, discusses the delicate balancing act the government has to perform and why a new social divide may be emerging. After another rise of more than 8% in 2016, UK house prices set for flatter – and bumpier – terrain in 2017-20. The likely levelling is mainly caused not by government […]
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What does Brexit mean for UK housing?
Britain’s housing market is in a sorry state. With house prices forecast to fall, house building grinding to a halt and buyers pulling out of purchases amid job security fears, post-Brexit uncertainty has been worsened by the contrasting “visions” that won the vote. These opposing visions are now evenly represented in Theresa May’s cabinet. The […]
Why New York-style rent controls would not work in London
Unaffordable rents have put New York City’s fabled diversity and creativity at risk. They have forced artists, small businesses and lower-income households out of the central areas, leaving them a monocultural wasteland of bankers and businessmen. Those who stay are crammed into ever more cramped and unsanitary accommodation, while those who now commute from distant […]
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Boris delivers Brexit body blow for sterling, but long term picture is murkier
Most prospective prime ministers would be mildly embarrassed if a boost to their chances made financial markets plunge. But Boris Johnson is doubtless gratified that his backing for Brexit led to the pound’s biggest one-day fall since the aftermath of the financial crisis. Sterling had barely flinched when cabinet ministers including Michael Gove and Iain […]
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The UK housing market: a balancing act
Lecturer in Economics, Alan Shipman, explains the balancing act of the UK’s housing crisis and the dilemma of providing enough new homes for a growing population, whilst not pricing out the most needy. The proportion of British households that own their own home has fallen in the past 10 years, from a peak of 71% […]
What you need to know ahead of the Spending Review
The third major economic statement of the year will be surprisingly tough for a government now boasting a growing economy and a Commons majority. Chancellor of the exchequer George Osborne will deliver the details of the Autumn Statement and Spending Review on Wednesday November 25 2015. A five-year view of the government’s spending plans, it […]
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