Nov 19 (Reuters) - The following were the top stories in The Wall Street Journal on Wednesday.... more...
WASHINGTON (Reuters) - U.S. auto executives warned Congress on Tuesday that their industry was... more...
Around 1.3million homeowners with an interest-only mortgage could be facing financial ruin,... more...
Chris Payne: Economic policy based on rising house prices and the availability of consumer credit... more...
The boss of Bradford & Bingley issued a public apology yesterday as he told a Commons Treasury... more...
At first sight, 12 Oxford Walk in Cheltenham looks like a tiny, modern house tucked behind a... more...
Second homes can be fantastic assets but, even if you use them regularly, you'll often end up... more...
Nearly half of people with interest-only mortgages have no investment in place to repay the money... more...
It is the same odd realisation that overwhelms you at the great ruins of Central America or... more...
Question: We're a young family desperate to get on to the property ladder, with £18,000... more...
BRUSSELS (Reuters) - Britain and the United States should not portray themselves as shaping... more...
By Kaori Kaneko more...
WASHINGTON (Reuters) - Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke... more...
Federal Home Loan Mortgage has reported a net loss of $25.3 billion, or $19.44 per diluted common... more...
HSBC MasterCard has introduced a new rewards program, which will reportedly allow cardholders to... more...
Labour yesterday welcomed a rescue package to help homeowners in Scotland facing repossessions,... more...
WASHINGTON, Nov 17 (Reuters) - U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman... more...
Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch... more...
By Jonathan Stempel more...
Up to 40% of landlords with a buy-to-let mortgage could be in negative equity by the middle of... more...
SYDNEY, Nov 17 (Reuters) - The Australian government has chosen another two residential mortgage... more...
TOKYO (Reuters) - Japan sank into recession in the third quarter, even before it felt the full... more...
The UK is facing a "homelessness timebomb" as a third of people would lose their homes within... more...
BUY-OUT firms are circling Britain?s biggest housebuilder Taylor Wimpey, according to reports... more...
The number of homeowners selling their properties has dropped by 43 per cent in the past year, as... more...
Mon 17 Nov, 2008 00:10 more...
Increasingly desperate sellers slashed asking prices for homes in England and Wales by 2.9... more...
Scottish borrowers could struggle to find a mortgage following the nationalisation of Northern... more...
By Nick Carey more...
NOVI, Michigan (Reuters) - Some U.S. consumers hit hard by the credit and foreclosure crisis are... more...
I had a baby ?out of wedlock? when I was 22, married at 26, then at 33, and again at 63. It has... more...
are keen to snap up property at bargain prices as house prices slide. But experts are warning... more...
Falling house prices and rising unemployment will be causing concern among some homeowners as... more...
These days, working for an investment bank is akin to being labelled a child molester. Bankers... more...
A wealthy Tory MSP has denied rearranging his half-a-million pound property portfolio in a bid to... more...
Is all this gloomy talk making things much worse? This may seem a little odd to ask after a week... more...
George Osbourne was at the centre of a political storm last night after being accused of lacking... more...
delivered its verdict on the Obama victory by dropping nearly 500 points on Wednesday. It wasn't... more...
Travelling from London to Phoenix and then to Washington does more than throw one?s body clock... more...
Since he left school 23 years ago Harry Bell has held down a job, worked hard and provided for... more...
By Zhou Xin and Michael Wei more...
LONDON (Reuters) - The chairman, deputy chairman and two directors of nationalised bank Bradford... more...
WASHINGTON (Reuters) - World leaders grappling with a financial crisis vowed on Friday to work... more...
Outlook: The Independent celebrated a major victory on Thursday, with the announcement from... more...
Educational entrepreneurs are a rare breed; rarer still are those capable of inspiring, exciting... more...
We are a nation obsessed with owning property. Unlike our European neighbours, many Britons see... more...
Solicitors across the country have received a formal warning about the dangers of getting... more...
Tom Godfrey, 39, escaped the last recession unscathed. For 21 years he has been in constant... more...
By turning 60, as he did yesterday, the Prince of Wales is, of course, typical of his generation.... more...
WASHINGTON (Reuters) - World leaders aiming to make the global economy resistant to future crises... more...
WASHINGTON (Reuters) - As world leaders headed to Washington for a weekend summit on the global... more...
WASHINGTON (Reuters) - The number of U.S. workers drawing jobless benefits hit a 25-year high... more...
A Zimbabwean professional, living and working in Harare, describes how the daily struggle to... more...
New beatings and abductions, as US dollar takes over more...
The banking giant HSBC is considering repossessing its own Canary Wharf headquarters, as it... more...
A Spanish property developer has been cast as an unlikely Robin Hood for his plan to sell... more...
Germany's there. Denmark got there first, followed by Ireland. France, Italy, Spain and much of... more...
Icap and Tullett Prebon were pushed on to the back foot yesterday after Morgan Stanley, mindful... more...
WASHINGTON (Reuters) - U.S. mortgage finance companies should soon adopt a foreclosure prevention... more...
It was a momentous experience: 10 days spent campaigning for Barack Obama in his triumphant bid... more...
The shift in focus not only created uncertainty, but came after a raft of recent gloomy economic... more...
HONG KONG (Reuters) - Top executives at some of the world's largest private equity firms gave a... more...
By Michael Flaherty more...
NEW YORK, Nov 13 (Reuters) - U.S. foreclosure activity in October rose 25 percent from a year... more...
NEW YORK (Reuters) - U.S. foreclosure activity in October rose 25 percent from a year earlier,... more...
rating agencies, disclosure and valuation issues. He added that while he has "great confidence"... more...
said. In Tokyo, Mizuho Financial Group was considering raising $3.2 billion to shore up its... more...
Liverpool travel to White Hart Lane, looking to avenge the 2-1 defeat in the Premier League in... more...
rate cuts. "We are certainly prepared to cut ... again, if that proves to be necessary," Bank of... more...
Are there warning signs you should recognize that indicates layoffs are imminent? Is there... more...
NEW YORK (Reuters) - U.S. President-elect Barack Obama urged the Bush administration to back a... more...
The Times more...
By Wayne Cole more...
House of Representatives Speaker Nancy Pelosi threw her weight behind an automobile industry... more...
The US government Tuesday sought to put a floor under soaring home loan defaults and falling... more...
By Jim Christie more...
One in four parents say they no longer have enough money to pay their bills each month, research... more...
Taylor Wimpey has now shed 1,900 workers this year as it tries to cope with a disastrous... more...
We could begin with Peter Sastawnyuk. The 53-year-old businessman filled his £370,000 detached... more...
LONDON (Reuters) - House prices fell slightly less sharply in the three months to October than in... more...
Tue 11 Nov, 2008 05:58 more...
The number of homes changing hands hit a new record low in October - but chartered surveyors are... more...
NEW YORK, Nov 10 (Reuters) - Thornburg Mortgage Inc, a specialist in jumbo home loans, posted on... more...
GOING IT ALONE? In September the government waived competition rules to facilitate Lloyds'... more...
AIG, spend as much as $30 billion on securities underlying the insurer's credit default swaps,... more...
assets, and would be largely offset by positive adjustments on debt carried, Lloyds said. Oriel... more...
When Barack Obama met George Bush for the first time four years ago, it proved an unhappy... more...
WASHINGTON, Nov 10 (Reuters) - The regulator for Fannie Mae and Freddie Mac will on Tuesday... more...
Nov 10 (Reuters) - The following were the top stories in The Wall Street Journal on Monday.... more...
new package is designed to help staunch the cash drain on the insurer and give the company more... more...
Bank of England governor Mervyn King was at Aston Villa yesterday after cutting interest rates...... more...
Letters: Once again the unprincipled greed and avarice of the filthy rich triumphs over... more...
The long transition between a US presidential election and inauguration day is a world away from... more...
More than a third of students in further education colleges think about dropping out due to... more...
Three leading lenders withdrew their tracker mortgage ranges last night, while another... more...
The plundering of the cream of Europe's young footballing talents by the likes of Arsenal and... more...
Rising bills and mortgage costs means the average household has just 25% of their salary left... more...
I KNOW how tough times are right now. Jobs, homes and businesses are being lost. People need help... more...
It's hard not to feel energised by the euphoria surrounding Barack Obama's win. But what is the... more...
It used to be the case, as sure as night follows day, that when the Bank of England cut interest... more...
Many of England's archaic traditions are lovable and charming but ? in the quietest property... more...
The patient Ben Allen, 27, wants to take time out to go travelling, but with £20,500 of... more...
If you want a real feel for Barack Obama's economic policies, go to YouTube and tap in "Obama",... more...
The wives of men facing criminal charges will have their wages docked by the Government to pay... more...
Plundering of the cream of Europe's young talent could end after FA chairman Lord Triesman... more...
e cannot solve the challenges of our time unless we solve them together - unless we perfect our... more...
Tim Yeo: The government can turn the housing market crisis into a golden opportunity to build a... more...
In the heat of the primaries, Obama addresses the Reverend Wright controversy and America?s... more...
the period when the outgoing Congress meets between now and the end of the year. Obama also... more...
percent. Libor sets the cost of borrowing between banks, and is a more significant influence on... more...
Barclays, Alliance & Leicester and HSBC came under growing pressure last night to fall in line... more...
The boss of Britain's biggest supermarket chain put pressure on the monetary policy committee to... more...
The Bank of England cut interest rates to their lowest level in more than 50 years this week ?... more...
Two mountain bikes belonging to the family of six killed in a crash on the M6 have been stolen... more...
Millions of home-owners received a much-needed boost yesterday when the country's largest lenders... more...
Interest rates have been slashed to a 53-year low in a dramatic Bank of England bid to rescue the... more...
HONG KONG, Nov 7 (Reuters) - Hong Kong shares are likely to fall on Friday, tracking sharp losses... more...
House prices have plunged 15 per cent in a single year, according to Britain's biggest lender,... more...
Motor industry: New car sales worst since 1996 more...
LONDON, Nov 7 (Reuters) - Europe's do-it-yourself (DIY) market is set to shrink by 1.5 percent... more...
Fri 07 Nov, 2008 00:16 more...
The Bank of England slashed interest rates by 1.5 percentage points to 3 per cent yesterday,... more...
Europe's do-it-yourself (DIY) market is set to shrink by 1.5 percent this year and the outlook... more...
The Bankruptcy Advisory Service, an independent debt advice body, said banks were pushing ahead... more...
Borrowers have been warned not to expect the full impact of the 1.5 percentage point cut in... more...
BEIJING, Nov 6 (Reuters) - China will spend 1 trillion yuan ($146.5 billion) over the next three... more...
a general election, due by mid-2010, as Labour still has a comfortable majority in the House of... more...
GLENROTHES (Reuters) - A local Scottish election next door to Prime Minister Gordon Brown's home... more...
House prices rose 0.7 percent this month after a rise of 0.3 percent in January, according to... more...
The Dow Jones industrial average closed down 486.01 points, or 5.05 percent, at 9,139.27. The... more...
Alliance & Leicester, a UK-based bank which is now part of the Santander Group, has announced... more...
SAN FRANCISCO (Reuters) - California Gov. Arnold Schwarzenegger will ask lawmakers to back... more...
GLENROTHES (Reuters) - A local Scottish election next door to British Prime Minister Gordon... more...
FEARS WERE growing last night for the future of a £40 million luxury Dundee housing development. more...
Nov 5 (Reuters) - U.S. president-elect Barack Obama, hoping to boost a struggling economy, has... more...
(Refiling with updated headline) more...
Whether it's front runner Barack Obama or outsider John McCain who makes it to the White... more...
In a powerful speech to his supporters in Chicago which has been beamed across the world, US... more...
tracker loans -- set at a fixed margin over the Bank base rate -- by up to half a percent to new... more...
We were always warned that share prices can go down as well as up. But there was one star that... more...
An expert explains how some tax payers can take advantage of the downturn in asset values more...
MOST of those who were first to reach Baldwin Primary school on Main Street, Manassas, had left... more...
One of Britain's biggest high-street lenders came under fire last night after it raised its... more...
We are on the verge of a historical, seismic shift here in America. I write this as we begin our... more...
BEIJING, Nov 4 (Reuters) - China will work out measures to break banks' reluctance to extend... more...
SYDNEY, Nov 4 (Reuters) - Commonwealth Bank of Australia , the nation's No. 2 lender, said it... more...
NEW YORK (Reuters) - Corporate results and outlooks darkened on Monday, and automotive companies... more...
LONDON (Reuters) - Home lender HBOS Plc doubled its hit from toxic assets and bad loans to over 5... more...
called for coordinated action to prevent further collapse. Also in Europe, more banks warned of... more...
Spain's Socialist government yesterday announced a new round of emergency measures to soften the... more...
Abbey, a subsidiary of Banco Santander, has announced that it is launching the first home saver... more...
His old firm may have collapsed, but one former bank boss can afford to build a grand future.... more...
Homeowners' hopes of relief from the financial crisis were dashed last night as Britain's biggest... more...
in a research note, predicting the shrinking market for buy-to-let loans would lead to "material... more...
Unions and business organisations have urged the Bank of England to slash interest rates by "at... more...
Nicola Sturgeon was accused of leaving homeowners at greater risk of repossession last night... more...
BERKELEY, California (Reuters) - Federal Reserve Chairman Ben Bernanke said on Friday that U.S.... more...
Child support going down? Alimony ending? Need to cut back? Here are some ideas. more...
Desperate families are being chased for mortgage debts even years after their homes have been... more...
NEATH more...
EVERY household in Scotland is filled with moans and groans about the credit crunch... more...
By Chris Buckley more...
BEIJING, Nov 2 (Reuters) - Maintaining strong and stable economic growth amid the current global... more...
CRASH? Make sure you've got a financial parachute! RECESSION is coming. The Bank of England boss... more...
It was a typical week in the housing market. The Bank of England forecast 1.2 million households... more...
You have to feel for wannabe first-time buyers. For years they saw house prices soar away. They... more...
For years, the term "negative equity" barely featured in the vocabulary of the modern homeowner.... more...
I booked a removal company I found through an internet search engine. They were cheap and the... more...
US ELECTIONS 2008:All the polls point towards a crushing victory for Barack Obama. But polls can... more...
IN his career as a hedge fund manager Ed Venables apologised all too often to his wife, Kate, for... more...
Gordon Brown pledged that his government would make greater efforts to end pensioner poverty,... more...
It was the pop star Julian Cope who, when asked to conjure up his vision of Hell, described it... more...
Sharp falls in consumer spending in the United States and Germany deepened fears of a global... more...
The New Zealand government confirmed Saturday it will guarantee wholesale bank deposits in a... more...
Nouriel Roubini may dress up as Dr Doom for Halloween." That was the New York University... more...
The deal would create a banking giant controlling about a quarter of current accounts and 28... more...
Business Secretary Peter Mandelson has given the go-ahead to Lloyds TSB's controversial takeover... more...
It seems even Sandbanks is not immune to the credit crunch - two £1million-plus properties on... more...
Who, back then, could have imagined what would follow? On the glacially cold morning of 10... more...
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