Nests to prove no nest egg
Sunday 05 July 1992
When compared with a real return of 4 to 4.5 per cent on lower risk financial assets such as index-linked gilts, Coopers says that housing no longer looks so attractive.
The Coopers forecast, along with a forecast from Midland Montagu, the investment bank, suggests that the British economy will show zero growth this year. In a new shift towards gloom, both break with the consensus predicting growth of 0.5 per cent.
Coopers says that zero growth is likely even if the recovery begins in the current quarter, because the starting point in the first quarter is so much lower than the average level last year.
- 2 Tower Bridge glass walkway 'smashed' by night-time visitor dropping bottle of beer
- 4 Woman opens professional cuddling shop – gets 10,000 customers in first week
- 5 Grayson Perry: London needs affordable housing because 'rich people don't create culture'
Tower Bridge glass walkway 'smashed' by night-time visitor dropping bottle of beer
Anti-gay hate preacher accidentally tweets 4,000 followers cartoon clip of him 'confessing' to be a 'homosexual sodomite'
Woman opens professional cuddling shop – gets 10,000 customers in first week
Grayson Perry: London needs affordable housing because 'rich people don't create culture'
Isis propaganda image showing 'abuse of Muslim woman by soldiers' is actually taken from Hungarian porn film
Rochester by-election: Ukip gains second MP as Tory defector Mark Reckless holds seat
'Beast of Bolsover' Dennis Skinner takes Ukip MP Mark Reckless to task moments after he is sworn in
Rochester by-election: Labour MP Emily Thornberry resigns after posting white van and England flags tweet
France 'blocks' Russian sailors from boarding a warship
Revealed: How the world gets rich – from privatising British public services
Rochester aftermath: Sacking of Emily Thornberry will make work of Labour MPs '10 times harder'
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