FROM OTHER NEWS SITES
DAILY TELEGRAPH University maths 'too difficult' for British students - Thu, 09 Feb 2012 23:52:30 GMT
University maths 'too difficult' for British students - Fri, 10 Feb 2012 00:01:11 GMT
FINANCIAL TIMES Eurozone dismisses Greek budget deal - Thu, 09 Feb 2012 18:58:47 GMT
Eurozone dismisses Greek budget deal - Fri, 10 Feb 2012 00:07:16 GMT
BBC NEWS BBC News - Business - Fri, 10 Feb 2012 00:00:23 GMT
BBC News - Business - Fri, 10 Feb 2012 01:09:35 GMT
Poll
Current Issues
New Issue
Special supplement
Special supplement
Jobs
Jobs of the Week
Upcoming Events
NACFB: Maximise Your Membership Roadshow, Bristol
Lending down 36 per cent in August
Gross lending totalled an estimated £21.8 billion in August, a 12% fall from July and a 36% fall from August 2007, according to the Council of Mortgage Lenders.
This is the lowest monthly figure since April 2005 and the lowest August figure since 2002. Exceptionally low housing market turnover and lower than anticipated remortgaging activity will keep monthly lending subdued in the immediate future.
CML director general, Michael Coogan said: "These figures reflect the heightened uncertainty for both lenders and consumers in the mortgage market at present. Lenders are uncertain about future sources of funding and the cost of funding, while consumers are unsure about how much further and for how long house prices will continue to decline."
- Unemployment up and vacancies down
- IMA Chairman looks at the impact of the credit crunch
- Lloyds TSB to acquire HBOS
- CML welcomes extension of Bank of England SLS scheme
- Bank of England extends SMS scheme
- Bank of England to pump $40bn into market
- FSA statement on Lloyds TSB and HBOS merger
- Standard Life cuts rates
- ifs School of Finance on target
- London rental market starts to get Lehman's fallout
- UCB launches new product range and lowers rates
- Darling highlights role of regulation in HBOS deal.
- First UK trading emmissions auction announced
- 120 day holiday for short sellers
- IMA says short selling not to blame
- Short selling - who are the winners and losers?