News & Events | WDM - Part 208

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UK economy exceeds pre-crisis levels, says thinktank June 13, 2014

The National Institute of Economic and Social Research (NIESR) has published a forecast which suggests economic growth is back on track. An NIESR spokesperson said: ëThat means the level of GDP has surpassed its pre-recession peak, and is approximately 0.2% above where it was in January 2008í. The news has been long-awaited and expected by
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Figures show property boom slowing June 13, 2014

The Royal Institution of Chartered Surveyors (RICS) has released figures showing that the number of new inquiries from househunters has fallen to its lowest in over a year. Figures from May also showed that the number of UK homes coming on to the market has shrunk for the fifth consecutive month, and house purchase loans
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UK losing ground on renewable power investments June 5, 2014

Ernst and Young (EY) have released their Renewable Energy Country Attractiveness Index, which now ranks the UK lower than the US, China, Germany, Japan and Canada. Ben Warren, EY’s Environmental Finance leader said: ‘The UK has slipped to sixth place for the first time in more than a year. Policy tinkering and conflicting signals once
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European Commission tells UK to rein in housing boom June 5, 2014

The Help to Buy scheme, council tax and house building all require reform, says the European Commission (EC), as average UK house prices reach an all-time high. The EC called for Chancellor George Osborne to ‘deploy appropriate measures’, adding: ‘The authorities should continue to monitor house prices and mortgage indebtedness and stand ready to deploy
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2014 Queen’s Speech: coalition heralds ‘bold measures’ June 5, 2014

The Coalition Government has unveiled its final Queen’s Speech before next year’s General Election, highlighting ‘bold measures’ on pension reform and introducing a new bill for small businesses. Keen to quash Labour’s accusations that it was offering ‘more of the same’, the Government heralded the Speech as ‘unashamedly pro-work, pro-business and pro-aspiration’. Landmark reform of
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