Today's Newspaper Headlines - 18th August 2008Today's Newspaper Headlines - 18th August 2008
Daily Express
Weekend round up-according to Chelsea Building Society soaring food, rent and petrol bills mean the average UK householder could face annual retail inflation of 7% p.45
Financial Times
Retired homeowners stepping up their interest in unlocking equity release as a result of the credit crunch and falling house prices p.1
Fall in house prices cause a 'greenshift' to leafy commuter towns out of the capital p.4
American hard-pressed consumers give up their houses while continuing to service other debts p.9
Bad news from the US housing market, disappointing inflation data fuel fears of global recession p.26
Daily Mail
Inflation to hit 7pc while household bills will soar by £2,500 a year says Chelsea Building Society p.19
British Chambers of Commerce say interest rates must come down to starve off imminent recession p.60
The Sun
Unemployment to hit 2m in two to three years p.2
The Guardian
Property prices fall by 5.3% in London p.1 and p. 21
High street banks are dominating the mortgage market as the credit crunch forces out the players who were active in the industry a year ago p.21
Business fears recession if Bank does not act p.24
Daily Telegraph
300,00 to lose jobs according to British Chambers of Commerce p.4 and B.2 - across papers
Housebuilders urge first-time tax break p.B2
The Times
300,000 jobs on the line. Forecast from BCC points to recession, unemployment and debt p.1
US housebuilding is expected to have slowed in July, figures published tomorrow p.40
Buyers fail to grab bargains as house prices fall p.43
The Independent
Property sellers have begun to cut the asking prices for their homes but sales head for new low p.34