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UK to enter recession in 2012, warns Niesr
The UK is set to enter recession in the first half of 2012, the National Institute of Economic and Social Research has warned.
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House prices fell 0.2% in January
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Mortgage approvals in December remain static
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Lloyds launches securitisation
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RBS boss Hester rejects £1m bonus
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Less well-off take 22 years to save first home deposit
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MPC keeps base rate and quantitative easing on hold again
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Fears of double-dip recession rise after 0.2% contraction in GDP
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GDP shrank by 0.2% in Q4
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MPC vote unanimous again in January
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Fitch maintains Vertex’s negative watch rating
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Moody’s predicts stable 2012 for UK RMBS master trusts
Opinion
More questions than answers in economic policy
Low interest rates are good for mortgages but not for inflation, and unemployment will pose problems too
