Unemployment levels could rise due to housing slump
July 24, 2008 by admin
Filed under News-Mortgages
The housing slump in the UK has been making the headlines on a regular basis over recent months, with house prices already having tumbled and with predictions that they will fall further over the coming months. This in itself has put potential buyers off because many are worried that house prices will continue to fall once they have purchased a property, and that they could then be left facing negative equity. Read more
Tags: onset, unemployment, decorators, estate agents, rocket record deposits, gas bills
Gas bills set to rocket
According to a recent warning from energyhelpline.com gas bills are set to soar over the coming months for UK families, with annual bills set to rocket from an average of £600 a year to £1000 a year. Gas and electricity prices soared earlier this year after wholesale energy prices went up, so families have already been hit hard by energy bill hikes, in addition to rises in the cost of food, petrol, and other bills such as water and council tax. However, officials warn that things are set to get much worse.
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