Another Disastrous Economic Datapoint From The UK

England Lost

It’s a day ending in -day so obviously it’s time for your UK economic disaster datapoint of the day.

This time: housing.

According to the Halifax survey, houses saw their largest year-over-year decline since October 2009 in April, dropping 3.7%, with a 1.4% sequential decline.

This is on top of miserable numbers in the retail and consumer confidence and manufacturing worlds.