Prof Miles News Today

Contrary to popular belief, UK’s birth-rate decline and a longer life expectancy could lead to higher quality of life, says OBR forecaster

With a crushing tidal wave of increased mortgage payments looming over homeowners, the Government is scrambling for solutions.

The golden era for house prices is officially over. And, rather surprisingly, what we Brits get up to in the bedroom has a lot to do with it.

The great housing boom may have lasted 40 years but the golden era is officially over - and it could be due in part to our nations inactivity behind closed doors.

Professor David Miles, a senior economist at the OBR, said the forces that have been driving the surge since the 1990s are likely to be weaker in the next 40 years.