UK Mortgages rates and deals

Mortgage lenders predict the recession will lead to a huge rise in arrears among their borrowers in 2009.

The founder of Italian food group Parmalat, Calisto Tanzi, is jailed for 10 years for fraud relating to its collapse in 2003.

(Reuters) - The list of firms exposed to the alleged $50 billion (32 billion pound) securities fraud by Wall Street veteran Bernard Madoff has widened.

Britain’s public finances slid further into the red in November, with a drop in tax receipts – principally on income – contributing to a current budget deficit of £13bn against a shortfall of £8.1bn the year before

The pound dropped to a fresh record low against the euro, breaking through the £0.95 level for the first time, as the prospect of further interest rate cuts from the Bank of england continued to punish the currency.

When asked, almost everyone will claim they are a good driver, yet the National Highway Safety Traffic Administration (NHSTA) statistics show otherwise Ever year, 40, 000 drivers are killed in auto accidents Of these, 98 percent were caused by distracted drivers

Charlie Bean, the Bank of England’s deputy governor, is energised by the challenges of dealing with a sudden loss of confidence in the economy