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02 Sep 10 UK Bulletin
Political angst over lack of business lending misplaced

WE SUGGEST: Favour UK over EA equities
SUMMARY: The government appears to be growing increasingly impatient with the major UK banks. The main bone of contention remains the supposed shortage of lending to British companies. Even the banks would not deny that the availability of credit is still limited. However, the argument that this is likely to impinge severely upon the UK economy is flawed. (Jamie Dannhauser)
02 Sep 10 UK Bulletin
UK housing market gets the dreaded double-dips

WE SUGGEST: UK house prices could fall as much as 5%
SUMMARY: UK house prices fell in August for the second month in a row. Steadily rising supply, alongside demand suppressed by tight credit, means further falls are on the way. House prices could lose at least half the gains made since their February 2009 trough over the next twelve months. (Melissa Kidd)