January 2013

Happy New Year to everybody!  

Last year was an unusual and difficult time for our industry and it will be interesting to see how 2013 develops. Without doubt, there are further hard times ahead for some but there does appear to be a small amount of confidence creeping back into the economy. This has to be a good thing for everyone, particularly if we can avoid the triple dip(!) recession, and at London House we are looking forward to a fascinating year ahead.

October 2012

It is pleasing to read that Ernst and Young are forecasting the UK economy will rebound in the second half of this year and grow by 1.2% next year buoyed by a housing market revival next spring.

There are "if's and but's" and much will depend on the extent to which consumers take opportunities to pay down their debts. This won't be helped by yet more price rises being passed onto them by their gas and electricity providers from November.