Cheer up Britain
BRITAIN was given a much-needed dose of cheer last night as experts predicted that we are finally on the road to economic recovery.
The housing market is growing, with the number of homes changing hands in July up by nearly a fifth on the previous month and signs that prices are on the rise.
Hard-pressed households should expect some well deserved help, with experts predicting a 10 per cent drop in fuel bills because of the fall in wholesale gas prices.
The slowdown in car production is finally showing signs of easing, thanks partly to the Government’s “cash for bangers” trade-in scheme.
In London, shares rose to their highest level in nearly a year, with the FTSE 100 index smashing through the 4,800 mark for the first time since October.
And battling England dismissed Australia for 160 in their first innings to raise fans’ hopes of an Ashes win.
