If, as it has been muted, the new PM, Liz Truss, and her ‘gang’, temporarily drops VAT, to say 10%, this could have an interesting effect on residential property and the building sector. Continue reading
Glentree Blog
Category Archives: viewpoint
Trevor Abrahmsohn recounts his one-to-one meeting with the late Mikhail Gorbachev
A number of years ago I was proud to celebrate Glentree international’s 40th birthday and I wanted an iconic, political titan, who better than the late President Gorbachev?
The event was attended by all manner of glitterati of the ‘great and the good’, staged in the 100-foot-wide ballroom of a super mansion in The Bishops Avenue, befitting the status of the exotic invited guests such as Simon Cowell, the X-Factor judges, and a host of stars from stage and screen. Continue reading
Bricks and Mortar the Last Bastion of Safety for Homeowners?
After the recent ‘climate crisis’ of an ‘extreme’ summer, there’s a definite chill in the air and it’s not just the weather. Economic data screams out ‘recession’ (though hopefully not its uglier twin, ‘depression’) as the country heads inexorably towards the bottom of the financial Marianna Trench. Portents are ominous – the BoE has yanked interest rates up from around their ankles, mortgage providers are increasing their lending rate and pulling some of their historic fixed-rate products, and ONS figures showed inflation hit 10.1 per cent in July – up from June’s 9.4 per cent.