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Out of the box

European mortgage legislation threatens to exert a ’Jack-in-the-box’ effect on the UK, where rules that might work on the Continent give rise tonasty surprises for the British market

UK unemployment drops by 51,000

The number of unemployed people in the UK fell by 51,000 to 2.6 million for the three months to April, figures from the Office for National Statistics reveal.

Marketwatch – June 2012

I did say I wasn’t going to mention Europe again as I am sure we are all getting bored with it, although as I was finishing this article I got a tweet saying Spanish 10-year yields have broken through 6.9%, with Italian yields tracking them at 6.3%.

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