‘George Osborne‘s latest attempt to kickstart the economy by underwriting a house-buying revival has been criticised by economists and campaigners, who warned that the scheme to
partially guarantee £130bn of low-deposit mortgages risks creating a new housing bubble.
The chancellor launched the second phase of the Help to Buy scheme in a meeting with mortgage lenders and housebuilders on Tuesday, laying out the terms of a programme that will underwrite home purchases worth up to £600,000.’ http://www.guardian.co.uk/money/2013/jul/23/help-to-buy-mortgage-housing-bubble
‘Black and rubbery, it resembled a length of electrical tubing.’ Is this the answer to getting the economy going? Never mind sitting down with the balance sheets. Oh I forgot he doesn’t know what they are.
http://www.dailymail.co.uk/health/article-2372694/Jawbone-UP-high-tech-health-wrist-band-worn-George-Osborne-records-improve-fitness.html Sure is a fad merchant. What was the last thing? Oh the Big Bucks Burger wasn’t it? For Osborne, improvement – where do you start?
There’s no logging out on NLAT’s watch. But But it’s quiz night at The Fishery.