UK Mortgages rates and deals

Royal Bank of Scotland (RBS) chairman, Sir Tom McKillop, says he is “profoundly sorry” for the bank’s financial difficulties.

US politicians say there is no agreement on a rescue plan to help the crisis-hit “Big Three” carmakers.

Anxiety about a severe recession gripped financial markets as dire unemployment figures from the US drove long-term interest rates to record lows

The oil price fell below $50 a barrel for the first time since 2005 as the first signs of fractures within the Opec oil cartel became apparent

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Investors showed renewed signs of fear about the extent of the economic problems, sending equities indices sharply lower and bond prices higher

UK retail sales in the three months to October were flat, a much better outcome than expected and in contradiction to gloomy industry surveys, as retailers are forced into discounts to entice shoppers, as official data also showed public sector finances in their first deficit since 1994