Interest Rates and the Mortgage Market
Amidst a lot of speculation about an early increase in interest rates in September the Monetary Policy Committee of the Bank of England maintained the bank rate at a record low of 0.25%. However the Committee hinted that the cost of borrowing could increase in the coming months and market sentiment is that there is […]
Read more...Temple Quarter Enterprise Zone
There is more good news on improvements to the infrastructure in Temple Quarter Enterprise Zone at Temple Gate and Temple Meads Station. The Temple Gate scheme will include: Removing the Temple Circus roundabout and replacing it with a simplified, signal controlled junction New high quality segregated pedestrian and cycle routes Better public transport facilities, new […]
Read more...House Prices in Bristol
In the latest City Level Summary of House Prices in the top 20 cities in the UK published by property analyst Hometrack Bristol is in 13th place with year on year growth in house prices of 3.7%. This is higher than the average increase for London (2.8%). The average house price in Bristol is now […]
Read more...Bank of England Director Visits Bristol
Over the summer, Alex Brazier, the Bank of England Financial Stability Strategy and Risk Executive Director made a welcome visit to Bristol hosted by investment group Hargreaves Landsdown. He made some very blunt comments about the conduct of the banking sector that led to the 2007- 2008 financial crisis but is confident that the financial […]
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