As the Scottish referendum looms, would a Yes vote derail Britain’s economic recovery? Howard Archer, chief European and UK economist at IHS Global Insight, says Yes. A Yes vote would be unlikely to completely derail the UK recovery, given that it now looks pretty well established, but it could put a serious dent in growth prospects. The uncertainty (over what will happen with the currency and UK debt [...]
As Halifax reports buyer confidence slipping, is the housing market finally cooling down? Howard Archer, chief European and UK economist at IHS Global Insight, says Yes. It’s not guaranteed that current signs that the housing market is cooling will prove lasting, but house price growth has likely peaked. The new regulations under the Mortgage Market Review have clearly had at least a temporary effect in taking some steam [...]
