UK Mortgages rates and deals

Government seeks to tap into a revival of stock market confidence in the financial sector via British instititions and foreign funds

Shares in Lloyds Banking Group rise 6% following chairman Sir Victor Blank’s announcement he will be stepping down next year.

Sir Victor Blank will step down as chairman of Lloyds Banking Group before June 2010, in what could be the first move to restoring the bank’s credibility among shareholders after its takeover of HBOS