Nationwide predicts 0% housing growth - papers 20th May

Nationwide chief executive Philip Williamson said prices are expected to show zero growth during 2005 and 2% in a best case scenario, along with total industry lending of just £70bn compared with £100bn in 2004. This is a major revision of the group’s house price predictions, having previously suggested they would close the year up between 2% and 5%. STANDARD AND POOR’S has plans to launch an annual private equity index from next year in an attempt to open transparency in the venture capital market, says this morning’s Times. Unfortunately, another story in the Times suggests the i...