Illiquidity in credit markets is the major issue facing lenders rather than lending quality, according to the Council of Mortgage Lenders (CML).
Earlier today, the FSA, HM Treasury and the Bank of England released a joint statement saying an emergency loan to Northern Rock does not indicate the company is likely to become insolvent. The Bank...
Brings in recurring revenue of £700,000
27,000 ‘affordable new homes’ to London
795 in Croydon
Movement could liquefy market
BOE cut base rate to 0.25%
UK investors lost hundreds of thousands of pounds
Lifts advisers to seven
Income from advice fees down