Housing crash feared - papers 4 January

The Scotsman says the poll also suggests the government’s tax revenue and expenditure figures will not add up – forcing chancellor Gordon Brown to abandon his ‘Golden Rule’. A plunge in house prices is not likely, the poll adds, but even slightly lower house prices could affect consumer sentiment, and so affect the wider economy. SALARY INCOMES are another pointer to the spending power of consumers, now in the news again thanks to an online calculator that lets workers compare their remuneration with national averages, reports The Daily Telegraph Paywizard.org, a joint initiative of...