Daily Archives: December 18, 2008

Jim Pickard

I’m on holiday this week but thought I’d pass on this rumour. Plenty of interest in Westminster in who will chair the new Energy and Climate Change select committee, which will keep tabs on Ed Miliband’s new department.

Lots of MPs are keen to get themselves a seat on the table. Apparently Elliot Morley, a former environment minister, is Labour’s choice to chair the committee. 

Jim Pickard

The Council of Mortgage Lenders firmly denied reports from the BBC a fortnight ago that its 2009 forecast for repossessions would be 75,000. The CML’s spokeswoman said on the record that this was the wrong figure and the real number was likely to be significantly lower. This is what we said at the time.

Today, lo and behold, the CML has put out its forecast. It is of course 75k. Maybe we shouldn’t expect anything different from the group – which spectacularly failed to spot the crash coming.