House price falls, small business lending depression, and public sector investment refusal - here's your need-to-know business news roundup.
House prices fell by 1.3 per cent during 2011 according to new figures.
The latest survey from Halifax suggests that the average UK house now costs £160,063. [BBC]
Demand for lending amongst small businesses has fallen according to the banks.
Lenders, many of whom have been criticised for failing to meet their Project Merlin targets, predict that demand will fall further in the first quarter. [Telegraph]
The government will not will not invest in public spending according to the Prime Minister.
Mr Cameron said yesterday public sector investment would “destroy confidence.” [Telegraph]
