House prices will rise, workers are taxed more than they think, and the recovery is under threat from psychological scarring left by the financial crisis. Our round-up of the news from the nationals.
"Psychological scarring" in the wake of the financial crisis and a growing reluctance to take risks in financial markets can lead to over-pessimism and threatens to delay the economic recovery, a top Bank of England official has warned. Guardian MORE The price of an average house will rise 14%over the next four years, reaching the highest ever recorded in Britain, a report will say today. Analysts the Centre for Economics and Business Research predict the typical home will be worth more than £200,000 by 2015, up from its current £176,000, though this will still be below inflation. Dai...
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