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Cuban house market opens up There are further signs that Britain’s housing market remains fragile with new data showing the number of mortgage approvals is at its lowest for eight months. House prices in England and Wales also fell by 0.8 percent in November. That statistic and announced government spending cuts are behind the weaker demand, with banks also highly cautious when it comes to lending.
More about: Economy, Housing market, United KingdomCopyright © 2012 euronews
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latest economy news
EU-Argentina trade friction increases- Eurozone citizens back common currency
- Athens stock market plunges
- Euro tumbles on German weakness
- UK economy in worse state than feared
- Foreign investors shun Italy and Spain
- IMF tells Britain ‘must try harder’
- Eurozone is biggest threat to growth: OECD
- UK inflation eases
- Troika checks Portugal’s progress
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