From the official website:

Commenting on Council of Mortgage Lenders' figures released today which show that mortgage lending fell by 12% during September, Liberal Democrat Shadow Chief Secretary to the Treasury, Julia Goldsworthy MP said:
"These figures are further evidence that the British economy is heading for rockier times. Future statistics may show an even steeper downturn, once the US credit crunch is taken into account.
"This adds further credence to the IMFs report which claimed UK house prices could be heading for a fall.
"House prices should be added to the inflation index, to give a more realistic indication of how high inflation really is.
"While the Tories and Labour seem intent on fighting over niche issues, such as Inheritance Tax thresholds, there is deafening silence from them on the increasing uncertainty in the wider economy."


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