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Osborn , considered that downgrading Britain from its excellent rating will be a painful reminder of the burden of the British debt .
The continuous economical weakness means that British authorities should consider applying more quantitative easing , and even cut interest rates to shorter than 0.5 % citizens though he has emphasized that his preference would be for Britain to remain within the EU .
All this data was reflected on the Real Estate sector as whole , but in reverse ; the luxurious real estate sector , especially in London , has scored 102 %. The capital keeps on attracting the wealthy Europeans from the
Euro zone , especially from Greece , and France , and they even started competing with the wealthy Arabs , Russians , Indians , and Chinese .
Reports have showed that buyers are heading towards every property that is for sale in the centre of the capital . The competition appears within the expensive
This fact led British Prime Minister David Cameron to announce the holding of a referendum on the British membership of the European Union , and warned that Britain " may veer towards the exit door " if the European Union does not take certain measures to solve Europe ' s debt crisis and improve competitiveness and strengthen accountability between governments and
The Shard and Southwark Bridge in London United Kingdom
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