House price growth in the UK has slowed by a further 0.2% in October, according to Assetz latest house price watch.
Parties interesting in acquiring the stricken Northern Rock Bank should not assume they will have access to Bank of England loan facilities it was announced today.
The Liberal Democrats have demanded that any buyer of Northern Rock should have to pay back its £24bn loan in full.
Potential buyers for the ailing Northern Rock bank must submit their rescue proposals by the end of today.
An expected rate cut by the Bank of England - given fresh impetus by yesterday's quarterly inflation report - could be as high as 0.5% by late Spring, New Star's Simon Ward says.
The Bank of England's quarterly inflation report has given strong indications of an interest rate cut in the near future, according to market analysts.
In a Treasury Select Committee grilling today, major ratings agencies were accused of failing to make clear their ratings were not an indication investors should buy a security.
Inflation has crept above the Treasury's target, to 2.1%, for the first time since summer, which could affect how the Bank of England sets interest rates in the coming months.
Northern Rock's rate of borrowing has slowed considerably to just £500m this week, according to the latest balance sheet figures from the Bank of England.
Interest rates will drop to 5.25% within six months as the economy has hit a turning point, Scottish Widows Investment Partnership says.