Car sales improve due to scrappage scheme

It’s amazing when the good news is that new car registrations only fell by 15.7% in June. But this decline was the lowest monthly figure since July 2008, even though the total year-to-date statistic shows a drop in the market of 25.9%.   Private car sales actually rose in June by 3.9% and have proved to be very resilient over … Continue reading

Posted by Nigel Tree | Comments Off on Car sales improve due to scrappage scheme

Mixed messages on economy

Yesterday the Halifax House Price Index for May was published and showed that prices had risen by 2.6% during the month. This followed three successive monthly falls of between 1.8% and 2.3%. Is this a sign of a much needed pick-up in the market? Well, on the surface it is good news but we must keep it in context in … Continue reading

Posted by Nigel Tree | Comments Off on Mixed messages on economy