UK Mortgages rates and deals

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(LONDON) The number of mortgages approved for house purchases in Britain fell by a quarter year-on-year in March, the British Bankers’ Association (BBA) said yesterday, casting doubt on a sustained pick-up in home sales.

Britain’s banking groups could be forced to hoard billions of pounds of extra capital as an insurance against future financial crises

Carmaker says it will offer bondholders 225 shares of its common stock for every $1,000 of principal they held

Mortgage lender to report losses

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Gordon Gekko