In autumn 2023, as the Tories were lurching from one faux pas to another, trying to recover from the mess that Liz Truss had precipitated, there was real optimism and expectancy in the air that the resurgent Labour Party, under the ‘expert stewardship’ of Sir Keir Starmer, would come to the rescue as a ‘white knight’ for business and for the prospects for the UK.
The year 2025 has started early in the residential market, as agents and analysts take out their calculators and peruse the figures of the last ‘interesting’ quarter. It’s a pick-and-mix selection of pluses and minuses — the main influence of course, is mortgage rates. These have become slightly more attractive as inflation has tumbled from over 11% to under 2%. This will be a mild stimulant to the residential property market in the lower- to medium-price sectors. The RICS foresee that the “…interest rate cut by the Bank of England may or may not be followed by further reductions over the coming months, but the direction of travel has now shifted, and this will help support economic activity through the back end of this year and into 2025.”1 Continue reading
By, Trevor Abrahmsohn, Glentree International
We should have known better. When ‘two tier’ Kier Starmer, bare facedly, nicked over £100,000 of freebees and when questioned, reluctantly gave back a paltry £6000 with a look of distain and indignancy, we should have known that this wooden headed solicitor, who didn’t cover himself in glory at the CPS, was duplicitous in the extreme.