Monday, September 27, 2010

Housing prices in Britain have fallen in September

According to Hometrack, the average cost of homes has fallen by another 0.4% this month, which was the third consecutive month of decline indicator, with the growth of the past year, only 1,0%. The decline was most significant in the south, in London prices fell by 1,1% this month.



Britain is considering the possibility of separating commercial and investment banks. Independent Commission on Banking (Independent Commission on Banking) issued a statement Friday, stating that may hinder the participation of banks in both types of trade, leading to the separation of commercial and investment banking units and request the bank to "write a will." Banking heavyweights in Britain, such as HSBC, Barclays, Standard Chartered was given to understand that they can move their headquarters to other countries if the UK would come to such a division.
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