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Mortgages

Pensioners 'see higher cost rise' (BBC News)

The cost of living for pensioners has outstripped inflation over the past 10 years, research...
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The plight of the pensioners who banked on a home sale windfall (Daily Mail: World News)

Pensioners relying on selling their home to pay for their retirement are the biggest losers in...
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Enough safety? (BBC News)

Chancellor Darling looks to protect depositors
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How to cash in on the value of your home (Independent)

After more than a decade of phenomenal growth, UK house prices have finally started to slide...
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London close: Insurers lead decline (ShareCast via Yahoo! UK & Ireland Finance)

London's blue-chips ended the week on the crest of a slump, with financials leading the way lower.
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Two lenders trim mortgage costs (BBC News)

The Nationwide and Abbey are cutting their mortgage rates slightly - but mainly for those with...
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London afternoon: Retreat resumed (ShareCast via Yahoo! UK & Ireland Finance)

An attempt at a rally has fizzled out and leading shares are now in retreat, with the decline led...
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David Hencke: The expenses vote is an own-goal for parliament (Guardian Unlimited)

David Hencke: MPs may have voted against vital reforms to their expenses regime because of the...
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I?m claiming £12,500 to rent flat in Bay, says AM (icWales)

SOUTH Wales AM Alun Cairns claimed £12,500 for a second home in Cardiff Bay ? even though his...
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Watch Out For This Fee! (The Motley Fool)

If you're thinking of taking out a mortgage in the next year, you need to be careful......
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Taxing issue (BBC News)

What are the implications of renting out homes?
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Ed Mcmahon - More Financial Woes For Mcmahon (ContactMusic)

Beloved U.S. TV icon ED MCMAHON has been hit by more financial woes over the non-payment of bills...
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CIT agrees to sell home lending business (Banking Business Review)

CIT Group, a commercial finance company, has agreed to sell its home lending business, consisting...
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Gocompare.com reveals consumers pressured into buying lender's home insurance (Insurance Business Review)

New research from Gocompare.com has revealed that a significant number of people buying their...
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Texans pull out of B&B fundraising (Guardian Unlimited)

Private equity house pulls capital injection after Bradford & Bingley faced credit rating downgrade
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Financial crisis forces families to cut back on food and fuel (Daily Telegraph)

Eight out of 10 adults in the UK have made significant changes to their home life as a result of...
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Stephen Moss on the end of retirement (Guardian Unlimited)

Stephen Moss on how over-65s are changing the face of the workplace
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Families turn to loans and credit cards to cover mortgage bills (Times Online)

More than four million households have resorted to personal loans or credit cards to cover...
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Worse to come on UK credit front (The Herald)

The credit squeeze has tightened its grip on UK households and businesses, and conditions are...
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MPs vote to keep 'John Lewis' expenses and let the taxpayer fund their furniture (Daily Telegraph)

MPs defied public anger over their generous regime of taxpayer funded allowances as they threw...
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Unemployment predicted to rise by 100,000 (icWales)

THE UK faces a 100,000 rise in unemployment over the coming two years, according to projections...
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If it's bad for Marks & Spencer, then Heaven help the rest of us (Evening Standard)

The impact of the credit crunch on the lives and spending patterns of ordinary Britons has now...
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Family First Federal Credit Union launches MortgageBot (Computer Business Review)

Leveraging online software, Family First members can fill out an online mortgage application, get...
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Sharp fall in equity release by home owners (Independent)

The amount of money withdrawn from the equity in people's homes has reduced by almost two-thirds...
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M&S loses one quarter of value in single day?s trading (The Herald)

More than £1.2bn was wiped off the value of Marks & Spencer yesterday as its shares plummeted 25%...
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A cut above the rest (Guardian Unlimited)

Life & style: How can anyone afford £50,000 dresses the current economic slump? Larry Elliott,...
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Housing woes shake economy's foundations (Daily Telegraph)

The plight of Taylor Wimpey, and the mounting debts and dwindling orders of other housebuilders,...
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You write the reviews: Jeremy Hardy, Marine Theatre, Lyme Regis (Independent)

Lyme Regis may not be the most exciting place to be on a wet evening, but the atmosphere was...
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After all the gloom, at last there's some good news on house prices... (Independent)

Negative equity is poised to claim one of its most famous victims yet. In Connaught Square, the...
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Paulson says US economy enduring 'rough period' (AFP via Yahoo! UK & Ireland News)

US Treasury Secretary Henry Paulson said Wednesday that the US economy was enduring "a rough...
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Houses 'won't be more affordable' (Channel 4)

House price falls of 15% during the coming two years will do little to ease affordability...
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Britons need £13k 'minimum income' (Channel 4)

A single person living in Britain needs to earn at least £13,400 a year before tax to afford a...
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Interest hike insurance launched (Channel 4)

A new-style insurance product to protect homeowners from rising interest rates has been launched....
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House prices show worst fall for 16 years (Guardian Unlimited)

House prices fall for eighth month in row in June to record worst annual drop for 16 years
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Paula John: Market news (Independent)

GOING UP... The cost of buying or remortgaging a property. Halifax, the country's largest...
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Mortgage Clinic: Should I pay off my mortgage with savings? (Independent)

'We're approaching the end of a five-year fix with Alliance & Leicester and owe £97,000. We...
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Rebecca Front: Take It From Me (Independent)

If estate agents are to be believed, there has never been a better time to buy a bigger...
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Hamish McRae: As the value of our houses plummets, let's embark on some damage limitation (Independent)

The housing market is dire and will continue to be pretty dire for the next few years. So we had...
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House prices ? the market collapses (Independent)

House prices fell for an eighth successive month in June and have registered their worst annual...
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Market Report: Broker moots merger of Trinity and Johnston (Independent)

Trinity Mirror and Johnston Press failed to draw any steam out of suggestions that they should...
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Mortgage lending falls by 65% in just ONE year to record low (Daily Mail)

The housing market was hit by more desperate news this morning as figures revealed the number of...
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No wonder the local beavers bite off their wotsits: Why one man won't be joining the rush to move to Canada (Daily Mail)

PHILIP DELVES BROUGHTON says one trip to Canada is one too many...
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(AFX UK Focus) 2008-07-01 04:07 Australia new home sales fell 5 pct in May (Interactive Investor)

SYDNEY, July 1 (Reuters) - Sales of new homes in Australia fell in May as high mortgage rates...
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Sir Terry's riled, but Tesco appeal is not without risk (Daily Telegraph)

When the Competition Commission finally published its report into the grocery sector at the end...
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Mortgages: Home loan approvals plunge 64% as price fall gathers pace (Guardian Unlimited)

Research group Hometrack says house prices fell a ninth straight month as average price dropped...
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Housing: Flint plans emergency measures to combat housing slump (Guardian Unlimited)

Package likely to include broadening range of organisations building homes and reforms to the...
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No wonder the local beavers bite off their wotsits: Why one man won't be joining the rush to move to Canada (Evening Standard)

The pitch is boringly familiar: Come to Canada! Voted best country to live in by the United...
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Self-employed can set mortgage costs against tax, says HMRC (Independent)

HM Revenue & Customs has started allowing self-employed workers to offset their mortgage...
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Florida sues Countrywide over mortgages (Reuters)

MIAMI (Reuters) - Florida sued mortgage lender Countrywide Financial Corp on Monday for predatory...
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Mortgage approvals fall to record low (The Herald)

The number of fresh mortgages approved for house purchase in the UK plunged to a record low in...
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Actor News (MI6)

He's a good husband, a great father, a serviceable singer and a brilliant Bond. But one of these...
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Self-employed can set mortgage costs against tax, says HMRC (Independent)

HM Revenue & Customs has started allowing self-employed workers to offset their mortgage...
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(AFX UK Focus) 2008-06-30 00:53 Philippine shares outlook - Lower on Wall Street's decline, high oil prices (Interactive Investor)

MANILA (Thomson Financial) - Philippine shares are expected to open lower on Monday following...
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Demand for rented homes to increase (Channel 4)

More than half of landlords believe demand for rented property will increase during the coming...
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Building societies prepare to quit Council of Mortgage Lenders (Daily Telegraph)

Building societies are planning a mass defection from the Council of Mortgage Lenders over...
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The week ahead (Daily Telegraph)

A guide to company results and meetings, and economic statistics.
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Housing market gloom as sales taking longer and prices reach new low (Daily Telegraph)

Home owners are taking a record length of time to sell their houses, according to the latest...
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Axis-Shield, the Scottish-Norwegian maker of medical diagnostic kits, yesterday said it had won approval in a US ... (The Herald)

Lord Stevenson, chairman of HBOS, criticised hedge funds whose activities have been blamed for...
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John Rentoul: The key to leadership? Personality not policy (Independent)

Let us play word association. Barack Obama. David Davis. Wait a moment: the next president of...
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'Over 100 MPs' in multi-million tax dodge over second homes (Daily Mail)

More than 100 MPs are using their expenses to commit a multi-million-pound tax dodge, it was...
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'Over 100 MPs' in multi-million tax dodge over second homes (Evening Standard)

More than 100 MPs are using their expenses to commit a multi-million-pound tax dodge, it was...
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Online shopping beats Bluewater for bargain hunters (Daily Telegraph)

Consumers are tightening their belts by choosing home entertainment over the high street, write...
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How far will your mortgage take you along the road to an eco-friendly future? (Independent)

The reality of climate change is becoming more evident every year ? a fact not lost on the...
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What happens next in Cowdery's search for a financial Resolution? (Financial Times)

Clive Cowdery had originally planned to start his new Resolution vehicle some time in September...
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'A conservatory, a Porsche, free flights - how can I tempt you to buy my house?' (Guardian Unlimited)

In a flat market, sellers are making desperate offers to get a buyer, but price remains the...
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How MPs can claim for a second home (Daily Telegraph)

The breakdown of how MPs can claim an allowance for running a second home
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Sir Nicholas and Ann Winterton to cost taxpayers thousands more on new flat (Daily Telegraph)

Husband and wife Conservative MPs censured by parliamentary watchdogs for breaking housing...
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Why we should sack half our fat-cat MPs - and save £180million a year (Daily Mail)

They are greedy, lazy, overpaid and underworked, says the author who exposed how the Government...
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Why we should sack half our fat-cat MPs - and save £180million a year (Evening Standard)

Every week there seems to be a new story about how creative our MPs are when claiming expenses.
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Lenders being less than helpful with 'reborn' exit fees (The Scotsman: Business)

AT THE risk of stating the blindingly obvious, it's not an easy time to buy a home. Although...
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Household savings rates at lowest level for half a century (Guardian Unlimited)

Britain's weakest economic performance in three years prompts fears of a recession next year
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Credit crisis: mortgage market may be over worst, say experts as banks cut rates (Daily Telegraph)

Barclays' £4.5bn fundraising falls about £9bn short of what is necessary to absorb credit-related...
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Questions of cash: When customer care is not up to scratch (Independent)

Q. I bought a car in March for £20,000, and the dealer suggested I pay using my debit card. I...
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Bank of England governor Mervyn King yesterday blamed countries that peg their currency to the dollar for pushing up ... (The Herald)

UK business investment tumbled by even more in the first quarter of this year than estimated...
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Abbey hikes top director?s pay despite fall in staff (The Herald)

Abbey National boosted the remuneration of its highest-paid director by 20% last year, even as...
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UK business investment tumbled by even more in the first quarter of this year than estimated initially, data from the ... (The Herald)

Experienced drinks industry executive Lesley Jackson is joining family-owned Scotch whisky...
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Swiss riveted by climax of triple murder trial (Reuters)

GENEVA (Reuters) - A Swiss man who stood to inherit real estate worth 80 million Swiss francs...
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Why I'll Be Using Equity Release In My Retirement (The Motley Fool)

Christina Jordan argues that lifetime mortgages and reversion schemes are transparent, flexible...
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Advertisement starts (Tiscali)

of doubt, this verdict is unacceptable," defence lawyer Alain Dubuis said, announcing his client...
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Home Retail Group: Not where profit is (Financial Times)

Sprucing up the house and filling it with gadgets is off the agenda for many families right now....
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The Itch: June; our petty problems count as nothing against the perilous state of the planet. (Contractor UK)

James Hansen, quite possibly the world's most eminent climate change authority, warned US...
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Buyers 'better off than renters' (Channel 4)

The savings people can make by buying their own home rather than renting one have nearly doubled...
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Fixed rate mortgage deals break through 7pc (Daily Telegraph)

The average two-year fixed rate mortgage is the same as the average standard variable rate,...
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House prices: it's cheaper to buy than to rent (Daily Telegraph)

House prices: it's cheaper to buy than to rent
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One year on, the verdict (Guardian Unlimited)

Guardian experts assess how Gordon Brown has fared since being handed the keys to No 10
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Global stocks slide into the red (BBC News)

Global markets suffer heavy falls after the price of oil hits a fresh high, with the Dow Jones...
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Halifax comes under fire for bringing in new mortgage fee (Guardian Unlimited)

£245 mortgage fee makes buying a home or remortgaging even more expensive
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One year on: the verdict (Guardian Unlimited)

Guardian writers assess how the prime minister has fared, one year after taking the keys to No 10
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Top Wachovia shareholder says stock very cheap (Reuters)

CHICAGO (Reuters) - Wachovia Corp's biggest institutional shareholder said on Thursday investors...
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How contractors can beat the credit crunch (Contractor UK)

In this economic downturn, it may be too big an ask for some contractors to replace the luxury of...
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(AFX UK Focus) 2008-06-26 03:01 Hong Kong shares outlook - Higher after Wall Street's rise on Fed assessment (Interactive Investor)

HONG KONG (Thomson Financial) - Hong Kong shares are expected to open higher, tracking Wall...
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Why more of us are choosing to make home improvements rather than move (Daily Mail: World News)

The struggling property market is fuelling a huge rise in home improvements as householders opt...
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Co-operative Bank offers new summer mortgage deal (Banking Business Review)

The Co-operative Bank has launched an exclusive fee free three-year tracker mortgage, which will...
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Eighth of homeowners 'plan to sell' (Channel 4)

About one in eight homeowners are planning to sell their property during the coming year despite...
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SNP ditch grants for first-time buyers (The Courier)

THE SCOTTISH Government yesterday ditched plans to give first-time buyers a £2000 grant, but...
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Time to pay fair (The Herald)

Revelations about MPs' misuse of allowances lead to general cynicism about their motives and fuel...
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Big banks look to expand (Guardian Unlimited)

Difficulty of obtaining funds mean smaller banks have lessened their share of the home loans market
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Credit crunch forcing US middle classes to live in their cars (Guardian Unlimited)

Safe parking scheme aims to provide refuge for those who have nowhere to go other than their vehicle
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Countrywide hit by analyst?s note on BofA (Financial Times)

Shares in Countrywide Financial plunged more than 13 per cent after an analyst said Bank of...
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Surveys reinforce US economic gloom (Financial Times)

Home prices in 20 of the largest US cities recorded a record 15.3 per cent decline in April, it...
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Thomson Financial Europe AM at a glance share guide: Shares plunge, oil rises (Sharewatch)

LONDON (Thomson Financial) - US SUMMARY: Stocks fall, oil moves up Index Change Percent change...
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UK & World News: Tougher checks on MPs' claims urged (icNewcastle - Sunday Sun)

MPs' expenses claims could be subjected to a tougher regime of audit and checking under proposals...
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OUTLOOK European, U.S. data due Wednesday, June 25 (Sharewatch)

LONDON (Thomson Financial) - EURO ZONE -Euro zone industrial new orders are expected to decline...
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ORDER OF MERIT UP FOR GRABS (Sporting Life)

The number one spot on the European Order of Merit is up for grabs at the French Open this week...
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Totting up the tiddlers to reach No 6 (Daily Telegraph)

Clive Cowdery's move on Bradford & Bingley has revived City talk about rolling up the weak...
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MPs to outline expenses changes (BBC News)

A series of recommendations to reform MPs' expenses will be published later by a Commons committee.
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Paula John: Market News (Independent)

GOING UP... The number of people relying on credit cards to keep a roof over their heads....
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Beat the crunch: Why it can pay to rent (Independent)

House prices are falling, oil prices are soaring, the country has an unelected Labour prime...
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Can You Afford It?: Old Quay Cottage, near Plymouth (Independent)

What you get : A large, semi-detached two-bedroom cottage, lovingly restored, that would serve a...
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I thought only women got breast cancer. I was wrong (Daily Mail)

Eighteen months ago Jonathan Tull, 36, the director of a property investment company, found a...
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Property transactions dive to their lowest level since mid-1990s (Independent)

The number of property transactions made across the UK dived by more than 13 per cent in May ?...
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Nick Bollettieri's Wimbledon Dossier: Serbia's run of aces is simply a freak (Independent)

Coaching Report: Ana Ivanovic (Serb) v Rossana De Los Rios (Para) Centre Court
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Property stocks buffeted by HSBC warning on sector (Daily Telegraph)

The out-of-favour property sector was hit by a big downgrade from HSBC, which advised investors...
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House sales fall by more than a third from last year (Guardian Unlimited)

Revenue & Customs says there were 100,000 sales last month, down from 115,000 in April
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Site navigation (Tameside Advertiser)

You are here: Home | News | Want a church for free? Want a church for free? AN ENTERPRISING...
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GP practice manager jailed for £100,000 theft (Daily Telegraph)

A doctor's practice manager helped herself to nearly £100,000 from surgery accounts to pay for...
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Don't Let Your Mortgage Drive You Into Debt (The Motley Fool)

As mortgage repayments become even more unaffordable, borrowers are resorting to desperate...
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House sales slump 13% (Guardian Unlimited)

Official data for May confirms gloomy picture suggested by recent sharp falls in mortgage...
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WAGs, BAGs And Sharing Your Salary (The Motley Fool)

As the credit crunch bites, it seems more people are hoping to hook up with a loaded lover. So...
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TFN economic and business calendar to Friday July 4 (Sharewatch)

LONDON (Thomson Financial) - Key items expected in the two weeks to Friday July 4 (approx GMT...
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U.S. housing rebound to be prolonged: Harvard study (Reuters)

NEW YORK (Reuters) - Record foreclosures and limited access to credit will make it harder than...
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(AFX UK Focus) 2008-06-23 04:37 Hong Kong shares lower on overseas cues; Chalco slumps on profit-warning UPDATE (Interactive Investor)

HONG KONG (XFN-ASIA) - Share prices were lower midmorning following losses on Wall Street and in...
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Property prices 'more realistic' (Channel 4)

Homeowners have cut their asking prices by 1.2% during the past month as the reality of the...
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A flat in the block below sold for £238,000 in 2006. Now it?s been resold at auction for just £71,000 (Evening Standard)

Once seen as a sure-fire way of making a small fortune, newly-built flats have become the worst...
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UK business leaders are concerned that the Indian government could clamp down on the tax havens of Mauritius and ... (The Herald)

British Energy saw its share price surge by more than 2% yesterday on speculation that Centrica...
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House prices fall amid reality check (Guardian Unlimited)

Business & money: The average house price fell 1.2% to £239,564 in June, from £242,500 in May
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A flat in this block sold for £238,000 in 2006. Now it’s been resold at auction for just £71,000 (Daily Mail: World News)

Once seen as a sure-fire way of making a small fortune, newly-built flats have become the worst...
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(AFX UK Focus) 2008-06-23 00:16 UK house prices down 1.2 percent month-on-month in June - Rightmove (Interactive Investor)

LONDON (Thomson Financial) - The average asking price of a UK home was nearly 3,000 pounds lower...
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House prices fall as sellers 'recognise market realities' (Guardian Unlimited)

The average house price fell 1.2% to £239,564 in June, from £242,500 in May
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HIGHLIGHTS Outlook of US economic indicators to be released in the coming week (Sharewatch)

WASHINGTON (Thomson Financial) - The following is a synopsis of the major US economic indicators...
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Making waves (BBC News)

City on cusp of huge maritime industries exansion
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Mervyn tightens his grip on power (Guardian Unlimited)

Business & money: Early departure of John Gieve leaves Governor dominant in the row over...
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If we rely on free markets, we are looking disaster in the face (Guardian Unlimited)

Comment is free: Will Hutton: As people looking for a home are fast finding out, Britain no...
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Make a home earn its keep (The Scotsman: Business)

WITH mortgage bills rising and house prices in the doldrums, owning your own house or flat may...
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Will Hutton: If we rely on free markets, we are looking disaster in the face (Guardian Unlimited)

Will HuttonAs people looking for a home are fast finding out, Britain no longer has a functioning...
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As first-time buyers vanish, the lights go out across Britain (Independent)

Like a giant pyramid scheme, the housing market relies on first-time buyers to enable those...
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Why it isn't make-believe to snap up a second home near Disney (Independent)

Buying a second home 2,000 miles away will hardly be top of the "to do" list for the vast...
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Wealth Check: He bought the home ? now for the cushions (Independent)

Robert Threlfall, 25, has grabbed the first rung of the property ladder and is now concentrating...
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'Six-figure' sum for mother wrongly jailed over cot deaths (Daily Mail)

Angela Cannings, wrongly jailed for murder after the cot deaths of her two baby sons has been...
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Happiness is... (Independent)

Rohan Tesh, 28, ticketing manager
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Halifax hikes home loan rates in 20th set of changes this year (Independent)

Halifax, the UK's biggest mortgage lender, will hike the rates on its home loans by up to...
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Housebuilders suffer 60% slump (Guardian Unlimited)

Business & money: Barratt given bank waiver, Halifax raises rates again, and other big players...
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The spectre of the Seventies - are we now facing another economic meltdown? (Evening Standard)

The gold-covered columns and urns were glistening brightly. The car-sized glass chandeliers...
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Wimbledon shows Britain is a perfect host (Daily Telegraph)

Britain is not producing many winners - but it is rather good at putting the world's best players...
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Mortgage offsetting: A balancing act that might prove rewarding (Independent)

Combining your savings, mortgage and even your current account into the same package has never...
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Wealth Check: 'I want to clear my debts and start saving' (Independent)

Lucy Minshall, 24, a public affairs consultant from London, may have left university far behind...
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Questions Of Cash: IT chaos causes misery for NU customers (Independent)

Q. I have a similar problem with Norwich Union to that of RS (Questions of Cash, 31 May). My...
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Organic box deliveries fall as credit crisis bites (Daily Telegraph)

A weekly organic box delivery was once the ultimate badge of being a member of the foodie middle...
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Home sales fall could deny Darling £6bn in stamp duty (Guardian Unlimited)

House buying decline could cut stamp duty tax receipts by more than £6bn
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(AFX UK Focus) 2008-06-20 06:05 China Construction Bank (Asia) hikes mortgage rate in Hong Kong (Interactive Investor)

HONG KONG (XFN-ASIA) - China Construction Bank (Asia), the Hong Kong unit of China's top property...
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U.S. housing crisis brings Wall St. arrests (Interactive Investor)

Fri 20 Jun, 2008 00:50
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U.S. housing crisis brings Wall St. arrests (Reuters.co.uk)

WASHINGTON (Reuters) - The U.S. housing crisis produced its first high-profile Wall Street...
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Advertisement starts (Tiscali)

home prices and rising foreclosures, the U.S. Justice Department said it charged more than 400...
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U.S. panel examines Countrywide loans (Reuters via Yahoo! UK & Ireland News)

A Congressional ethics panel is examining allegations that two Senate Democrats, including the...
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Feds charge Bear pair with fraud (Guardian Unlimited)

Business & money: FBI crackdown Operation Malicious Mortgage leads to 60 arrests of alleged...
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Advertisement starts (Tiscali)

in mortgage fraud that led to an estimated $1 billion in losses. The investigation led to 60...
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House prices will fall by NINE per cent this year, Halifax warns (Daily Mail)

The average home could fall in value by almost £18,000 this year, Britain's top mortgage lender...
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HBOS predicts 9% fall in house prices and sales to halve (Guardian Unlimited)

Country's biggest mortgage lender suffers near 7% fall in shares, dragging other banks lower
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Mortgage mayhem as Bristol & West withdraws deals and First Direct raises cheap rate (Guardian Unlimited)

Moves have further muddied the waters for consumers trying to find a reasonably priced product
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More Australians dumping cars due to costs: survey (Reuters)

CANBERRA (Reuters Life!) - More car-loving Australians are leaving their vehicles at home,...
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Bank governor offers bleak view (BBC News)

The governor of the Bank of England says the UK faces "the most difficult economic challenge for...
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US House leaders reach deal on war funding bill (AlertNet)

Source: Reuters (New throughout) By Richard Cowan and Tabassum Zakaria WASHINGTON, June 18...
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More than 4m families use a credit card to pay mortgages (Evening Standard)

More than four million families have used a credit card to pay the mortgage or rent in the last...
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Many 'struggle to meet house costs' (Channel 4)

Millions of people find paying for housing a constant struggle, with many taking on debt in a bid...
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Disputes over public sector pay could bring down Brown - unions (Guardian Unlimited)

Dave Prentis, general secretary of Unison, said he would oppose attempts to impose an 'immoral'...
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Tory couple told to stop claiming allowance on flat (Guardian Unlimited)

Sir Nicholas and Lady Winterton use taxpayers' money to rent a flat, despite having paid off the...
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Disputes over public sector pay could bring down Brown - unions (Guardian Unlimited)

Dave Prentis, general secretary of Unison, would oppose attempts to impose 'immoral' pay policy
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Brace yourselves: Mervyn King and Alistair Darling admit that Britain is facing a 'difficult year' (Daily Mail)

Millions of families must brace themselves for a gruelling period with finances stretched to...
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(AFX UK Focus) 2008-06-18 22:59 UPDATE: WaMu adds $1 billion to aid program, trims home loan offerings (Interactive Investor)

Adds detail on home loan products
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(AFX UK Focus) 2008-06-18 04:14 SKorean shares turn flat in late morning trade; shipbuilders, airlines up (Interactive Investor)

SEOUL (Thomson Financial) - South Korean shares turned flat in late morning trade on Wednesday as...
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Rock had secret shutdown plan (Guardian Unlimited)

Business & money: Plan had been put in place to pull down the shutters on all 76 branches of...
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Housebuilders scream for help after losing their 'one-way' bet (Daily Telegraph)

Remarkable, isn't it, how industries that complain about Government interference during boom...
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UK murder suspect 'considered bankruptcy' (BBC News)

The jury at the trial of a British man accused of double murder in the US hear he considered...
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Inflation outstrips salary rises for first time - and it's going to get worse (Daily Mail)

Average pay rises have fallen behind the rate of inflation for the first time. While wage...
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Top architects tell all: The best advice at a tiny price (Independent)

The credit crunch has hit the housing market like a bus. The experts' prognosis is that there...
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Mortgage Clinic: 'Is this the wrong time for shared ownership?' (Independent)

'Is buying a shared-ownership property in this current climate a safe move? If property prices...
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It's time for a rethink on housing policy says Sarah Webb, of the Chartered Institute of Housing (Guardian Unlimited)

Sluggish conditions in the property market give us a chance to rethink housing policies, says...
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Taylor Wimpey's £2bn debt regraded as junk (Guardian Unlimited)

Credit-rating agency raises concerns that the company may be in danger of breaching its banking...
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Husband arrested on suspicion of murder (Wandsworth Guardian)

Detectives investigating the disappearance of a Th