Hello and welcome to Thursday’s Levy Letter. I hope your day’s going well and 
you’ll be able to join me as usual for Look North tonight at half past six on 
BBC One. Coming up on the programme tonight, is the property market bubble in 
Hull about to burst? A London developer is warning his investors not to buy 
flats in the city centre.  He might be pessimistic but others are still 
spending millions on developing city centre living. We’ll have a full report 
tonight.

With IVF units warning about a severe shortage of donors since new laws meant a 
loss of anonymity, we'll hear from a couple in Lincolnshire who had to travel 
to India to get a donor embryo.  They say it was the only way they could 
realise their dream of becoming parents.

A circus owner says he's planning a legal challenge to the ruling from councils 
banning shows with live animals. Martin Lacey believes a new government report 
supports his claim that the animals don't experience cruelty. We’ll pry into 
the world of the big top tonight.

Also tonight, she’s been dishing up school meals for almost three decades. Now 
as dinner lady Valerie Edwards prepares to retire we'll find out what changes 
she's seen and just what she thinks of Jamie Oliver!

And we'll be experiencing a medieval Christmas at Tattershall Castle. Paul will 
be here with the detailed weather forecast as well, that’s all coming up at 
half past six tonight on BBC One.


Well we had a lot of comments from viewers about our piece on local tourism 
last night, a bit of rivalry between Lincolnshire and the East Riding! But 
there are lots of lovely places to visit in both counties and lots of people 
enjoying the scenery and attractions the region has to offer. That’s good to 
hear, and let me know if you’ve got any favourites I might not have visited. We 
also had lots of interesting messages on the debate over drinking from plastic 
or glass in pubs and clubs. If you’ve got anything you want to let me know 
about or a story or plug for the letter, drop me a line at [EMAIL PROTECTED] 
and it’ll go directly to me. I get lots and lots of messages every day and of 
course I read every single one, even if it would take me forever to respond to 
them all personally. So thank you for those, and even if I don’t reply, I do 
see all your comments!


House Prices

Well where would the Levy Letter be without stories on house prices? Probably a 
lot shorter! As I mentioned, we’ll have a story about house prices in Hull on 
the programme tonight, and reading the national news today I see things could 
be on the slide. After a long time where the only thing to report was ever 
rising prices in the housing boom, there are fears that the bubble might be 
about to burst. One of the biggest mortgage lenders in the country has reported 
that in November, UK house prices saw their biggest fall in 12 years. The cost 
of an average home dropped 0.8% from a month earlier. That doesn’t sound a lot, 
but given that the average house price now stands at £186,044, that small 
percentage comes to almost one and a half thousand pounds lost in one month.
However, house prices are still up on average nearly £12,000 from the same time 
last year, so I wouldn’t call it a disaster yet. Of course this is all 
potentially good news for first time buyers or people hoping to move, and in 
Hull we’re below the national average already. That’s the latest news on house 
prices, and I’m sure I’ll follow any developments as usual in the letter.


“Bling” Babies

How much do you think it costs to raise a baby? You might start adding up the 
cost of clothing, toys, a cot, nappies, and all the little things prospective 
parents develop a need for when a child’s on the way. Apparently, it costs an 
incredible £180,000 to raise a baby. I’m not sure if that includes the costs 
until they leave home, but it’s a huge amount. Of course if you really want to 
go to town you can blow all that while the child’s still too young to 
appreciate it. I saw this in the paper and it’s quite eye opening to say the 
least, and it doesn’t make me want to rush into parenthood any time soon, it’s 
a list in one of the broadsheets of some of the more luxurious things you can 
buy for your baby.
Perhaps you’ll want your child to travel in style with a £895 pram from one of 
London’s luxury department stores. It’s been dubbed the “Bentley for babies”, 
and with that price tag I’m sure it should be. I can imagine the little ones 
sneering over the side at other children in less ostentatious transport.
For the well heeled baby, why suckle from anything less than an Armani bottle 
and dummy set? Or perhaps a little princess could toddle about in a £209 vest, 
also from a certain luxury store. One of the really extortionate ones, if these 
weren’t bad enough, is something described as a “Corsican Paris Iron Canopy 
Baby Crib” which costs a mere $3,349, promising to help your little one “drift 
off to dreamland”.
And what do upwardly mobile infants dream of? Why a $465 chandelier of course, 
with hand painted ceramic bunnies and butterflies. If you’re a parent or parent 
to be, you’d better get saving. Or you could spend a lot less and still provide 
everything your child will need. Incredible, isn’t it?

Well that’s about it for today, just a quick plug for the Celebrity Carol 
Concert which is being held for the Lord Mayors Charity next Thursday evening 
at 7.30 at the Street Life Museum in Hull. It’s always a great evening and for 
me is a sign that Christmas is nearly here, less than a month away now. So join 
me if you can next Thursday 6th Dec at the Street life museum if you can. 

I hope you enjoy the rest of your day, and don’t forget to join me tonight on 
BBC One for Look North at half past six. 

Take care, bye for now.

Peter






And for the latest news and more where you live, go to:
http://bbc.co.uk/humber and http://bbc.co.uk/lincolnshire

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