UK Mortgages rates and deals

June 4, 2009

Liverpool FC owners lose £42.6m

Filed under: General Business — Phill Taylor @ 11:11 pm

Auditors warn about the amount of refinancing needed by Liverpool’s US owners Tom Hicks and George Gillett.

Purnell quits government

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 11:11 pm

Gordon Brown’s government was plunged deeper into chaos on Thursday night when a third cabinet minister resigned as the polls closed on local and European elections

Man Utd agree shirt deal with Aon

Filed under: Bridging Finance — Phill Taylor @ 11:11 pm

LONDON (Reuters) - Aon, the world’s largest insurance broker, has agreed a four-year deal to sponsor the shirts of Premier League champions Manchester United from the start of the 2010-11 season.

Insurers warn watchdog on regulation 

Filed under: Bridging Finance — Phill Taylor @ 11:11 pm

LONDON (Reuters) - Insurers warned watchdogs on Wednesday against imposing “one size fits all” regulation across financial services and damaging the industry’s profits, prosperity and innovation for a generation.

OR: Law would restrict high-risk loans

Filed under: Mortgages — Denis Green @ 5:11 pm

Lenders may soon face tougher restrictions on high-risk mortgages with a measure passed by Oregon Senate on Wednesday.

Chinalco set to quit $19.5bn Rio deal

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 5:11 pm

Chinalco is set to walk away from a $19.5bn deal with Rio Tinto following weeks of wrangling over the terms of the transaction in a dramatic u-turn that sent shares in the Anglo-Australian miner sharply lower

Bank keeps rates unchanged

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 11:11 am

The Bank of England’s monetary policy committee voted to keep its key rate on hold at half a percentage point and to press ahead with its £125bn asset purchase programme as planned

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