9
Apr
Economy will remain healthy, says chancellor
The chancellor Alastair Darling remains upbeat on the economy and
prospects for growth this year, as well as the property
market.
Mr Darling made the remarks on the Today Programme broadcast on
Radio 4 and said that despite predictions from the International
Monetary Fund that economic growth will be slow, Britain is in a
good position to deal with this.
He suggested that by collaborating with other countries then the
negative impacts of the credit crunch may well be diminished.
And he asserted that the government needs to do "everything it
possibly can" in order to assist the housing market and give
support to homeowners.
"That means making sure we support the housing market but also
making sure we support the wider economy, keeping people in work,"
he commented.
According to data released by Halifax this month, UK property
prices fell by 2.5 per cent in March, the biggest nationwide drop
for 12 years.