A lower-wage household in England would need 13 times their income to buy an average-priced home, according to Office for National Statistics (ONS) analysis. The ONS looked at ratios of house prices to annual disposable household incomes in 2024. The report, which identified those on lower incomes as being at the point of the lowest…
By Kevin Yao BEIJING (Reuters) -Chinese government advisers are stepping up calls to make the household sector’s contribution to broader economic growth a top priority at Beijing’s upcoming five-year policy plan, as trade tensions and deflation threaten the outlook. Leaders are gathering proposals for their 15th five-year plan, a voluminous document that lays out priorities…
By Kevin Yao BEIJING (Reuters) -Chinese government advisers are stepping up calls to make the household sector’s contribution to broader economic growth a top priority at Beijing’s upcoming five-year policy plan, as trade tensions and deflation threaten the outlook. Leaders are gathering proposals for their 15th five-year plan, a voluminous document that lays out priorities…