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The International Monetary Fund (IMF) has said there is the possibility of an “abrupt correction” in the UK housing market. The IMF made the case for gradual increases in interest rates to safeguard against deleterious effects on indebted households vulnerable to higher borrowing costs. But the organisation forecast better-than-expected global economic growth for this year… Read more »
The government has named the new head of the committee on standards in public life. Former Police Complaints Authority chairman Sir Alistair Graham was appointed by the prime minister and will take over the post next week from Sir Nigel Wicks, whose three-year term of office has ended. Sir Alistair has been a member of… Read more »
