Lenders and estate agents say the Government could have helped first-time buyers by extending their stamp duty 'holiday' in yesterday's Autumn Budget Statement.
The housing market has remained "surprisingly resilient" this month, Nationwide said today, as the average price of a property increased by 0.4% month-on-month.
Chancellor George Osborne announced he will uprate some working age state benefits by the planned 5.2%, in line with September's Consumer Prices Index (CPI) inflation figure.
The Government should consider introducing a "graduated" state pension to allow people to draw some cash before they retire, which could help encourage them to continue working for longer, a thinktank recommended today.
Shops will no longer be able to offer instant inducements to customers to take out expensive store cards, under a voluntary code agreed between banks, the British Retail Consortium and the Government.
21 November 2011
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