In echoes of the banking crisis, the £2.9billion Standard Life real estate fund has suspended all trading for a minimum of 28 days – effectively trapping savers who want to withdraw their money. The move comes as concerns grow that Britain may be heading for a sharp fall in property prices. It has also sparked fears that other property funds may follow suit. ...read
£2.9billion property fund freezes investors' cash over crash fears: Move by Standard Life comes as fears grow their may be a sharp fall in property prices