Today's News

Commercial property prices predicted to slump by up to 60%
Tuesday 6th January 2009

The investment bank, Close Brothers, has stated that UK banks could lose up to £70 billion on commercial property loans, as values continue to plummet. Since

Return of spivs and speculators as FSA ends short selling ban
Tuesday 6th January 2009

Yesterday the FSA announced that they would be lifting last autumn’s ban on short selling later this month. However, the regulator has reserved the right to

HSBC tops 'competitive lender' list
Tuesday 6th January 2009

HSBC was the most competitive lender in 2008, figures from mform.co.uk show.According to the industry group, the global bank's seeming "immunity" from the worst effects of

Nationwide sees 'biggest house price slump on record'
Tuesday 6th January 2009

House prices fell by 15.9 per cent from December 2007 to December 2008, Nationwide has said.According to the lender, the value of the typical UK property