City bonuses hit record high with 14bn payout (Guardian Unlimited) (Property)
City bonuses hit record high with 14bn payout (Guardian Unlimited)
City bonuses have increased by 30% to a record 14bn this year. The rise is twice as big as in 2006 and likely to exacerbate the widening gap between executive and shop-floor pay. The bonuses come against a background of record debt, rising bankruptcies and home repossessions.
Estate agents report housing market slowdown (ShareCast via Yahoo! UK & Ireland Finance)
The latest housing market survey from the National Association of Estate Agents (NAEA) has highlighted a slowdown in the UK housing market during July.
City bonuses hit record high (Guardian Unlimited)
Executives fuel spiralling demand for luxury goods.
Jeremy Warner’s Outlook: Where now for inflated UK house prices? (Independent)
What happens in the US has a nasty habit of washing up on these shores six to 12 months later. On this rule of thumb, should we be bracing ourselves for a repeat performance of the US housing market slump?
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