UK Mortgages rates and deals

Investors gave the agreement between Commerzbank and Allianz to create a new heavyweight German rival to Deutsche Bank a thumbs down on Monday but politicians welcomed the historic deal

The pound dropped to a record low against the euro on Monday after Alistair Darling, the UK’s finance minister, said conditions in the country’s economy were as bad as they had been for more than half a century.

New tax measures come into force this month that should see about 22 million people receive a rebate of around £60.

An employers group urges the government to tackle economic concerns “head on” to reduce the impact on manufacturing jobs.