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Construction interest: interest on real estate loans as high as since 2009

Financing a home is associated with high interest rates because of inflationary pressures. Similarly high interest rates last occurred during the 2009 financial crisis.

Construction interest: interest on real estate loans as high as since 2009

Financing a home is associated with high interest rates because of inflationary pressures. Similarly high interest rates last occurred during the 2009 financial crisis.

Source: Zeit Online ›

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Thames Water creditors secure former Labour minister to drive rescue deal
Economy

Thames Water creditors secure former Labour minister to drive rescue deal

Stricken UK water supplier lines up John Hutton as independent chair designate if takeover goes aheadThe group of Thames Water creditors pursuing a £10bn rescue deal for Britain’s largest water supplier has lined up a former senior Labour minister to chair the company, as it tries to win over the government.The creditor consortium, called London & Valley Water, said on Tuesday that Lord John Hutton had been selected as independent chair designate of the Thames Water board, if the consortium’s takeover of the utility goes ahead. Continue reading...

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