UK Latest: Annual House Prices Decline Most Since 2009

What was the growth rate of real disposable income in the UK during the first quarter?

• 1.3% decrease

• 1.3% increase

• 0.8% decrease

• 0.8% increase

What is the main concern for the Bank of England despite high business confidence?

• Rising unemployment

• Falling house prices

• Raging inflation

• Decreasing exports

Who is expected to replace Silvana Tenreyro on the Bank of England's Monetary Policy Committee?

• Alison Rose

• Megan Green

• Bloomberg Economics

• Schroeder's

What trend is observed in the UK housing market according to the transcript?

• House prices are falling rapidly

• Mortgage approvals are decreasing

• House prices are relatively stable

• Interest rates are decreasing

What type of mortgage are UK homeowners currently favoring?

• Tracker mortgage

• Five-year fixed-rate mortgage

• Interest-only mortgage

• Variable-rate mortgage