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Oct 11th
2008
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UK base rate cut by 50 basis points amid financial markets meltdown
Outside of their normal sessions the Bank of England, the EBC and the Federal Reserve in the US moved to cut rates immediately by 50 basis points apiece. Wednesday, October 8 - 2008 Written by: Jones Lang LaSalle |
- Latest News
- Property price gap unsustainable in 16 countries
- Scared property investors fail to be seduced by Cityscape expo
- Read all about it
- G7 alone cannot halt world economic panic
- EU investigates Spanish property developments
- Key London development seeking Middle East cash
- Middle East banks starting to limit lending to real estate sector
- Further interest rates cuts needed in UK to revive property market
- Infinity Tower in Dubai delayed by 18 months
- Liquidity fears and merger rumours spread around Middle East markets
- Other Stories
- Caribbean ecotourism yields economic rewards for investors
- Empire Square will not proceed
- Moody's reaffirms A3/P2 rating of Tamweel
- Oxfordshire hits the spot for property millionaires
- Overseas property agents drop bad property
- Investment is the best reason to smile in Thailand
- Biggest and most luxurious project on the Montenegrin coast announced
- UK base rate cut by 50 basis points amid financial markets meltdown
- Most Read
- Dubai property industry hits back at dramatic price fall predictions
- House prices in Australia yet to bottom out, property institute warns
- Unprecedented growth starts to take its toll on property industry in India
- Booming property market in Morocco waits for Wall Street effect
- Property investors in India forced to sell at a loss by global downturn
- China facing property crisis as prices fall and transactions plummet
- UK mortgage lending association abandons short term property price forecasts
- UAE bank takes decisive action to protect property market from credit crunch
Feature story
From Communism to Capitalism - Cuba opening up to property investmentIt is said that a true property hotspot hasn't even been talked about yet. That a few brave investors whisper about the prospects and are careful not to brag and let the news out that they have found the next exciting investment opportunity.
Forum Watch
Banks in the news but property industry future unclearWith banks across the globe seeming to need more and more and bets being laid on the next one to go bust it might seem that looking beyond the obvious is a good idea.
Currency watch
Dollar had a good dayUS Dollar had a good day yesterday as stocks continued to fall in the markets. Gold also continued to strengthen and oil weakened.
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