Bricks and mortals
Article Abstract:
House prices in the UK rose by 8.4% during 1996 and this, on balance, is a good thing. The country is unlikely to see the same sort of associated consumer buying excesses as it did during the last house price boom of the late 1980s. The present generation saw house prices crash and perceived that housing did not offer risk-free investment. Some advantages of rising house prices are that they release more people from the negative equity trap to increased job mobility, and that an increase in borrowing secured against housing equity can finance small business expansion.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1997
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Work: are more out than in?
Article Abstract:
Unemployment in the United Kingdom is falling, unlike in the rest of Europe. The number of people who are registered as unemployed and claiming benefits is predicted to fall below two million by 1997. Although this change is welcomed, there remains some doubts whether governmental policies have caused the downward trend or if the statistical data has been manipulated. Research has shown that the main reason there are fewer registered unemployed workers is the absence in the data of those who have retired early due to their inability to find work.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1996
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