Get in touch

Speak to us now on live chat

Speak to someone on the phone

We can call you

Send us an email

Go Back

Call us today:

020 8115 4286

If you wanted to speak to a local expert, please go here to contact a specific branch.

Please provide us with the below details and one of our local experts will be in contact.

Please provide us with the below details and one of our local experts will be in contact.

All done

Thank you for providing us with your contact details, one of our local experts will be in contact.

Get in touch
  • Speak to us now on live chat
  • Speak to someone on the phone
  • We can call you
  • Send us an email
Go Back

Please provide us with the below details and one of our local experts will be in contact.

Go Back

Please provide us with the below details and one of our local experts will be in contact.

Go Back

Call us today:

020 8115 4286

If you wanted to speak to a local expert, please go here to contact a specific branch.

Go Back

All done

Thank you for providing us with your contact details, one of our local experts will be in contact.

Contact George Osborne Puts Second Woman, Kristin Forbes, On Bank Of England MPC

Fill in the form below to get in touch

Sales or Lettings enquiry

Your Details

We will use your data for the purpose of your enquiry. After we have responded, we would also like to send you emails with information on our other products and services, including our regular newsletter which contains special offers, property photos, hot topics and useful tips.
Please tick this box if you are happy to receive this and remember you can change your preferences at any time. If you would like to know more about how we use your data please visit our Privacy Notice here

All done

We received your message. Our expert local team will review your details and get back to you shortly.

If you need any more information call us on

Contact Lettings process

Fill in the form below to get in touch

Your Details

We will use your data for the purpose of your enquiry. After we have responded, we would also like to send you emails with information on our other products and services, including our regular newsletter which contains special offers, property photos, hot topics and useful tips.
Please tick this box if you are happy to receive this and remember you can change your preferences at any time. If you would like to know more about how we use your data please visit our Privacy Notice here

All done

We received your message. Our expert local team will review your details and get back to you shortly.

If you need any more information call us on

Buy

Selling

Rent

Landlords

New Homes

Land & Investment

Area Guides

Offices

Contact Us

Award-winning customer service

Rated 4.8 out of 5 by our customers

Established in London since 1856

Local know-how, better results

Main Menu

Award-winning customer service

Rated 4.8 out of 5 by our customers

Established in London since 1856

Local know-how, better results

Damac Tower

Vauxhall, SW8

£1,362,000

Oval Village

Abbeville Road, SW4

£910,000

Request Valuation

George Osborne Puts Second Woman, Kristin Forbes, On Bank Of England MPC

George Osborne has welcomed American economist Kristin Forbes as a new member of the Bank of England’s Monetary Policy Committee (MPC), the second woman appointed under his chancellorship. Osborne said Dr Forbes, previously an economic adviser to US president George W Bush, would bring “huge ability & international experience to the UK”. Forbes appointment to committee, which sets interest rates, comes after the chancellor had to fight accusations of a “Tory woman problem as all his appointments to the nine man group had, until recently, been men. The Treasury has ultimate responsibility for approving the appointments of all the members.In March, Osborne appointed his first woman to the committee, Dr Nemat Shafik, who has been serving as deputy managing director of the International Monetary Fund.Forbes was appointed to replace Dr Ben Broadbent, who has been promoted to be deputy governor of monetary policy, taking over from Charlie Bean next month. Dr Broadbent also said today that he did not see a housing bubble starting in Britain.Forbes is currently Professor of Management and Global Economics at the Massachusetts Institute of Technology. She served as one of the three members of the White Houses council of economic advisers between 2003 and 2005, with main responsibility for international macroeconomic issues.

In a statement about Forbes appointment, Osborne added: “Dr Kristin Forbes is an economist of outstanding ability with real practical experience of policy making. She will make an exceptionally strong addition to the MPC. Its a sign of the high regard in which the Bank of England and our monetary framework are held around the world that someone of Kristins ability wishes to be part of them”.Bank of England governor Mark Carney was revealed by HuffPostUK last year to have piled pressure on Osborne to consider appointing female economists to the Banks MPC.

Nobel Economics Laureate Robert Shiller thinks so, and he predicted the 2007 house price crash. And even world snooker champions Ronnie O’Sullivan says a huge housing bubble (and crash) will happen. Or in his words: “Baby its coming.”

Central London house prices are rising 729 per day. The average price for a three-bedroom house in central London has increased by 729 a day over the last year, equivalent to a quarter of a million pounds, estate agency Marsh & Parsons said.The estate agent firm said the scale of house price inflation meant that prices rose by 19% since April 2013 to an average of 1.6 million, equivalent to 5,120 a week, or eight times Londoners 658-a-week median salary.

Single people cant seem to afford to own a property. Less than one in ten properties in many parts of the UK are affordable to single house-buyers, according to the homeless charity Shelter. Meanwhile, three central London areas are completely unaffordable for couples with children or single people living on average wages: Kensington and Chelsea, Westminster and Camden this garage was sold for 251,000. Its JUST a garage. And this tiny Chelsea lawn went for over 80 grand. This tiny lawn in Chelsea sold this month for 84,000, and it doesn’t have planning permission or right of way.This garden looks a bargain by comparison. It sold for 53,000 last September and you cant do anything on it at all You’ll only need save for 30 years to buy a home. So says independent research commissioned by Shelter . That boy has already started on his first house. You might as well move here. Its cheaper to commute from Spain than to live in London. Other Bank of England chiefs are worried Sir Jon Cunliffe, the Banks deputy governor for financial stability, has warned that it would be “dangerous to ignore the momentum that has built up in the UK housing market.” He also said that the housing market was the “brightest light” blinking on the dashboard of financial hazards that the Bank monitors. Broadbent himself admits he may be wrong. While arguing that Britain is not showing signs of a housing bubble, Broadbent admitted that it may be easier to spot with hindsight.”Bubbles are things that are things that are far easier to identify after the event than at the time,” Broadbent told Radio 4s Today programme.

Mental Health Awareness Week Read More
Spring has sprung at Telferscot Primary Read More
What’s your next career move? Read More
Spring Statement 2022 – What it Means For You Read More
International Women’s Day 2022: Break the Bias Read More
What are tenants looking for in 2022? Read More
Is buy to let a good option in 2022? Read More
Eight spectacular properties to watch out for this autumn Read More
South London sees high levels of tenant demand Read More
An exceptionally busy lettings market throughout London Read More

Marsh & Parsons is registered in England (Company No. 05377981) Registered office address: 80 Hammersmith Road, London, W14 8UD (VAT No. GB 842 7959 83) | Copyright © Marsh & Parsons 2018

Client Money Protection is provided by Propertymark. The redress scheme for Marsh & Parsons is The Property Ombudsman Scheme. Calls may be recorded and/or monitored for training and/or data protection purposes. We are members of The Property Ombudsman (TPO), there to protect your interests. We abide by the TPO code of conduct.

We may refer you to recommended providers of ancillary services such as Financial Services and Insurance. We may receive a referral fee for recommending their services. You are not under any obligation to use the services of the recommended provider, which may also be an associated company of Marsh & Parsons.