02: What is next for the house builders?

02: What is next for the house builders?

By The Times

Interest rates, the Bank of England inflation report, your average weekly earnings and what's next for the house builders all covered in this week's Times Business podcast. Joining Robert Miller this week to discuss all these topics are Richard Fletcher, business editor, Philip Aldrick, economics editor and Kathryn Hopkins, property correspondent. The latest interest rate decision is out on Monday, delayed because of the election, and while nothing is expected, we could be offered a clue as to when a rate hike might occur in Wednesday's quarterly Inflation Report. As Andrew Sentance, for MPC member wrote for The Times last month, when the central bank does raise rates it should be gradual, both to avoid a big hike in the future and to provide scope to cut interest rates at some point, if needed [http://www.thetimes.co.uk/tto/business/columnists/article4404480.ece].We'll also get a snapshot of unemployment which could see the rate fall further from last month's 5.6 per cent, and there could also be...

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