Summary: China 's Evergrande , a major property developer, has filed for US bankruptcy protection amidst ongoing restructuring efforts. Trouble in China 's property market extends beyond Evergrande , with other developers also facing financial challenges . Country Garden, a significant developer, is struggling to make bond interest payments due to unfinished projects and mortgage payment issues. China 's economy is grappling with deflation, reduced growth, trade challenges, and central bank interventions. ...

Summary: Housing costs are rising significantly, affecting millions of homeowners on variable or fixed-rate mortgages. The Bank of England's successive rate increases bring short-term stability but pose challenges for those struggling with housing costs. Volatility in the housing market is expected as some homeowners need to sell their properties at reduced prices. Investment in energy-efficient and high-quality housing stock is essential for the long-term stability of the market. ...

Summary: Buy-to-let mortgages entering arrears witness a significant increase, raising concerns for renters and the overall housing market . Rental costs are projected to rise in the coming months, further burdening tenants who already allocate a substantial portion of their earnings toward housing. Insufficient housing supply amid escalating demand emphasizes the urgency of addressing the housing crisis and promoting affordable solutions. The state of the housing market is compounded by decades of inadequate investment in social housing , leading to a deteriorating situation for renters and the homeless. Government interventi...

Should EU nationals be able to vote in Britain? | Nigel Farage clashes with Sir Vince Cable And joined by Sir Vince Cable, former leader of that party. Vince, for decades your party has argued for proportionality in our voting system, and it's something that I agree with entirely. Where do you stand on the idea that 16-year-olds should be able to vote? Yeah, of course they should vote. Really? I'm not strongly in favour of it. We've argued it for many years, got nothing to do with tactical calculations about how many of them would vote for us. I think what we discovered in Scotland, actually, that their voting patterns weren't greatly different from older people. But the reason why it's right, I mean, it's not merely that, you know, we want young people to be politically engaged, but that when we're becoming older as a society, there's a much heavier we...