Could Britain’s chronic housing shortage be solved by using insurers’ assets? Jamie Dunkley and Russell Lynch report
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Saturday 06 August 2011
Thursday 04 August 2011
Outlook In the wake of the credit crisis, it is rather too easy to fall into the trap of judging banks bad and building societies good. While the mutual sector had a good war – particularly compared with the former mutuals that blew up during the crisis – the building-society movement was not without its own casualties.
Thursday 04 August 2011
Sir Tom is back?
Monday 01 August 2011
Big ticket banking takeovers will not return for another two years at least, as global financial groups continue to feel the pressure in the wake of the downturn, according to a report out today.
Saturday 30 July 2011
The world's largest economy grew much more slowly than thought in the first half of the year, as business caution, government cuts and some timidity on the part of consumers badly crimped the US recovery.
Friday 22 July 2011
HBOS, the bank that collapsed at the height of the credit crisis and had to be rescued by Lloyds Bank, is facing the prospect of disciplinary action from City regulators, the Financial Services Authority revealed for the first time yesterday.
Wednesday 22 June 2011
In Seventies south London, a ring at the door on a Wednesday evening would induce panic in my poor Ma. “Quick, hide the wine!” she would hiss at pre-teen me, so the man from the Pru wouldn’t know we drank Chianti and think we were rich.
Thursday 19 May 2011
The housebuilding industry showed signs of recovering during the first quarter, with the number of new properties started jumping by 26%.
Friday 22 April 2011
The chief executive of the house builder Persimmon has warned that the UK housing industry is still far from a full recovery – despite his company posting encouraging sales figures for the first part of 2011.
Wednesday 20 April 2011
Outlook There was no shortage of outrage over executive bonuses at Royal Bank of Scotland when shareholders gathered for its annual meeting in Edinburgh yesterday, and the House of Commons Public Accounts Committee will pile on this morning in its latest report on our state-supported banks. It is "inappropriate" for the likes of RBS to be handing multimillion-pound incomes to its bosses until the taxpayer has been repaid the money it fronted during the credit crisis, the committee will declare.
Friday 15 April 2011
The US authorities are considering invoking anti-cartel laws against some of the world's biggest banks, in an investigation into whether they colluded to manipulate interest rates during the credit crisis.
Thursday 07 April 2011
RAB Capital has agreed to pay out 79 per cent of its Special Situations Fund to investors, leaving the former $3bn (£1.8bn) fund with less than $100m.
Tuesday 22 March 2011
The number of available fixed-rate ISAs has soared 10-fold during the past decade as banks have become increasingly reliant on using savers' money to fund their mortgage-lending, according to Moneyfacts.co.uk.
Wednesday 23 February 2011
The leading rate for a personal loan has dropped below the 7% barrier for the first time since June 2008, research showed today.
Sunday 30 January 2011
More than half of British adults believe that the average family's standard of living has declined since the start of the credit crunch in 2007, according to a survey from Scottish Provident.
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