Friday 28 March, 2008
- 28 Mar 08, 05:15 PM
Housing in Meltdown?
House prices grew by just 1.1% in the last year, according to a report from Nationwide today. That's the slowest rate of growth in 12 years. While interest rates are falling, more and more banks and building societies are actually raising their tracker rates - competing to be uncompetitive - in an attempt to put people off buying their products. So is the housing market heading for a slump - and could it tip the economy into a recession? Or would a small downturn in an over-heated market actually be a good thing? We'll be hearing from top economists and the director of Winkworth estate agency.
Iraq
A few moments ago President Bush described the violence in the south of Iraq as a "defining moment in the history of Iraq". We'll have the latest from our correspondent in Basra.
Terminal Five
Why is it that the country which invented the railways and the jet engine cannot get Heathrow terminal five to work properly? Is this an aberration? Or are complex systems, by their very nature, likely to fail at the outset? We'll ask Professor Heinz Wolf and the engineer behind the Channel Tunnel.
