Posts tagged with Britain

Surging Home Prices Widens UK Wealth Gap
Jul 2021 , by in INTERNATIONAL

A boom in Britain's housing market and a surge in global share prices has led to windfall gains for middle-income and richer households during the coronavirus pandemic, research from the Resolution Foundation think tank showed on 12th July.  The average British household saw its wealth rise by 7... Read more...

Britain Adapts Housing Algorithm
Dec 2020 , by in INTERNATIONAL

Britain said it would alter the algorithm it uses to select sites for new homes after critics said the old formula risked a building boom in the rural south at the expense of the industrial north. Britain faces an acute and nationwide shortage of affordable homes, affecting city and countryside a... Read more...

Construction Sector Hits Record Low In UK
May 2020 , by in INTERNATIONAL

Britain's construction sector suffered a record drop in activity during April as the coronavirus pandemic shut sites. On Wednesday, the closely-watched IHS Markit/CIPS UK construction purchasing managers' index showed a reading of only 8.2 in April, down from 39.3 in March and the lowest since recor... Read more...

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