UK Mortgages rates and deals

For a picture of the US real estate crisis, imagine New Orleans wrecked by Hurricane Katrina, and before the waters even begin to recede, a second Katrina hits. The 1,120,000 lost US retail jobs in 2008 are a signal that the second stage of the real estate bust is about to hit the economy. This time …

Stocks on both sides of the Atlantic fell on Friday, with shares in banks and insurers hardest hit in a flight to safety. Wall Street extended a global sell-off and Europe’s benchmark share index tumbled to a six-year low. Official data confirmed a deepening and broad-based UK economic downturn

Lenders sued over shared appreciation mortgages

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Britain’s economy declined rapidly at the end of last year, official figures showed, as gross domestic product contracted by 1.5 per cent in the fourth quarter

The UK is expected to receive its worst output figures since 1990 later - and official confirmation the country is in a recession.