Andrew Bailey, governor of the Bank of England, has suggested that the UK economy may have already come out of recession.
He said there were “distinct signs” of an upturn, adding that the bank did not need to wait for inflation to hit its 2% target before cutting interest rates.
Inflation is expected to briefly hit 2% in the spring before rising again.
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Including:
Peter Bill on the “impending damnation of property portals”
Agency’s top team says firm will be more resilient now than in the GFC
Majority of boroughs did not start a single residential development in the first quarter of this year
The deals at Korol’s Mansel Court set a fresh benchmark at £56.50 per sq ft
