Today it stands at STG 167,900 in the not too distant future it will stand at STG 145,000
Banks are still not lending unless it's for 14-20%
Mortgages are only 4%, so why would they lend at this level?
Because the government is weak in ordering them to. Until this is resolved then the economy will not pick up.
Plus of course when they do lend then Inflation will have gone up.
Also, the USA hasn't picked up yet so expect a fall back in the GDP and forecast on growth in the UK
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment