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Article: Housing market continues to struggle following Government's stamp duty dither - Cable.
- Article from:
- M2 Presswire
- Article date:
- September 9, 2008
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M2 PRESSWIRE-9 September 2008-Liberal Democrats: Housing market continues to struggle following Government's stamp duty dither - Cable(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:09092008
Commenting on new figures from the Royal Institute of Chartered Surveyors (RICS) showing that house sales have fallen to a record low, and house-builder Redrow's announcement that profits have fallen by 46%, Liberal Democrat Shadow Chancellor, Vince Cable said:
"Day after day we hear yet more bad news for the housing market, as people continue to feel the pinch from Britain's struggling economy.
"The ongoing credit crunch, along with the Government's ...