Autumn Statement 2012: The headlines

George Osborne 150pxToday’s Autumn Statement by Chancellor. George Osborne, had the distinct feel of a full on Budget, with wide ranging measures that will affect pension savers, business owners, employees, and pensioners. Despite admitting that he will miss one of the key targets he’d previously set, the Chancellor began his Autumn Statement in a bullish fashion, saying: “Our economy is healing”, “Britain is on the right track” and “Turning back now would be a disaster.”...

Housing round up: House prices rose in November as OBR predicts a housing boom

Housing & mortgage round upAnother week sees yet another confusing set of housing data as the Nationwide say house prices rose last month. The Office of Budgetary Responsibility (OBR) has published figures which predict a housing boom over the next few years. However, figures which show mortgages are being repaid at a record rate show that home owners are still nervous about the housing market and economy in general. House prices increased by 0.4% in November...