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News Archive: 2008: default.asp
07, 2008 October:
Location, location, location
New research from Halifax Estate Agents reveals that many of us will pay over a £20,000 premium to secure an ideal location...
Aid for sub-prime crisis
Bank of America is looking to reduce the mortgage interest payments of nearly 400,000 sub-prime borrowers in the US by up to £4 billion...
Big Apple sees big price falls
Property in New York is heading for major price falls as high earners in the finance sector lose their jobs and bonuses and the number of foreign buyers drops...
03, 2008 October:
US embassy agrees South Bank move
The US embassy has signed a deal to move to Ballymore's Nine Elms site in Battersea, south-west London and will sell its existing site...
02, 2008 October:
US bailout approved
The U.S. Senate approved a £395.8 billion pound bailout of the financial industry, putting pressure on the House to approve a plan that political and financial leaders called crucial to averting economic catastrophe...
01, 2008 October:
New vote on Wallstreet bailout
Yesterday, September 30th, TheMoveChannel.com reported that the rescue plan to bailout Wallstreet had been rejected by the House of Congress, despite having the backing of both presidential candidates. Today, the US Senate will vote on a new version of the plan, reviving hopes that further damage to the global economy can be stopped...
30, 2008 September:
Stocks have biggest fall in a day
US stocks suffered their worst one-day fall since the 1987 crash yesterday, September 29th...
A ‘monster of fear' on Wallstreet
As banks fail across the world, a £385 billion plan to bail out Wall Street and rebuild economic confidence, has been shouted down by the United States Congress, sending shares plunging. The removal of these troubled assets would have freed up the financial sector, which has been badly hit by the credit crunch....
29, 2008 September:
Bargain hunters snap up USA homes
The volume of homes sold across some parts of the States has increased, following a record decline in U.S. home prices, according to the National Association of Realtors (NAR)...
Get a slice of American Pie
A Government sponsored scheme encouraging people to invest in regeneration efforts in the southern United States has been introduced for a limited time only...
