Tumbling stock markets are rekindling the British love affair with property amid a revival in buy-to-let lending, the British Bankers' Association has said... more
Marcus Agius, chairman of the British Bankers' Association and Barclays, made a telling point this week at a BBA conference when he said: "Any talk of bank investors being prepared to accept utility-type returns is completely unrealistic." But he then drew the wrong conclusion... more
Nervy consumers put their finances back in order last month after loosening their belts for the Royal Wedding and extra holidays in April, new lending figures show... more
Banks will be forced to pay up to £3 billion compensation over the mis-selling of payment protection insurance as a High Court judge rejects a challenge from the British Bankers' Association against an earlier ruling
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Analysis: Any lingering hopes for some Christmas cheer on the economic front are dashed as mortgage lending figures cap a pretty miserable few days for UK recovery prospects... more
The most toxic thing about bankers’ bonuses is that they hold up to ridicule the concept of shared pain by which the Government sets so much store... more
Mortgage loans from High Street banks in August plunged to their lowest level since the depths of recession last year, amid further signs that the housing market’s recent rally is running out of steam ... more
HSBC chairman Stephen Green has declared that the financial and economic crisis is a long way from being over as regulators warned that the overhaul of the banking system could result in lower profits... more
Mortgages: Mortgage approvals in Britain slumped 43 percent in January on a year ago, the British Bankers' Association said, indicating that house prices will continue to fall for some time yet... more
Mortgage approvals slump to a fresh record low - but cash deposits in British banks rise as customers bring home money from bankrupt rivals in Iceland... more
Borrowers have been calling for lower interest rates for some time; now, not surprisingly, savers are starting to shout too. This encapsulates one of the dilemmas of the current situation: what seems right for one group is wrong for another.... more
Morning:
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