Oct 2008 29

UK housing market in meltdown? The number of house reposessions jumped 71% in the three months to June 2008. It’s not easy out there right now and many people are finding it ever more difficult to keep up with their mortgage payments. Given the current state of the stock markets with banks getting bail outs from the taxpayer in return for tightening their practices, it is also perceived that they are more likely to seek house repossession rather than try to work out a plan with the mortgagee. I read a report in the Guardian last week in which the…

Oct 2008 29

Google as settled it’s legal battle in the USA with authors and publishers. The deal could see the publishing world enter the digital era in a significant way and the changes are compared with the deal Apple did with the music industry to allow customers of it’s iTunes store to purchase music on a track by track basis. The same could happen in publishing world which will allow customers to purchase chapters of a book or the whole book in digital format. Although the deal has only currently been worked out in the US, and has yet to be finalised,…