Today’s release of data from Land Registry showed prices fairly flat in August, with the average house price in England and Wales £155,968, down 0.1% on the month and 9.4% on the year.
In US$ they rose $2,367 to $257,955. In Yen, up ¥374,219 to ¥2.451 million. The Euro price was down €625 to €180,876 and [...]

Seasonally adjusted value of retail sales in August down 0.1pc on month, up 1.6pc y-o-y. Predominantly food stores rose 5.5pc y-o-y, non-food fell 2.8pc. Volumes were unchanged m-o-m and up 2.1pc y-o-y. Predominantly food stores increased 3.3pc y-o-y, non-food rose 0.2pc.

I originally watched these three videos, which make up one documentary, on Goldseek. Given that money printing is not just a U.S. phenomenon, and that the Labour Government has indulged in similar bailouts and the U.K. also faces huge unfunded liabilities, I figured I’d post them. American or not, you may also want to check [...]

Copies of the latest Nationwide Consumer Confidence Indices 4-in-1 chart, as used here, have been added to our Flickr account. Charts are the usual 500 x 325 pixels.

The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. Quantitative Easing was unchanged at £175bn. Gilt-Lending continues.

Nationwide Consumer Confidence Index rose to 63 in August, the fifth consecutive monthly rise. The Expectations Index rose 3 points to 94. The Spending Index was up 1 point to 97. The Present Situation Index rose 1 point to 17.

Dr. Marc Faber on Lateline Business, on 26 August, 2009. Are you joking (while laughing). Having faith in the US administration? I wonder ‘who’ on Earth would have faith in the US administration. Certainly, not someone who thinks.