Savers are demanding an increase in the level of compensation paid in the event of a bank going bust, research suggests.
Weekly balance sheets released by the Bank of England (BoE) may reveal the size of an emergency loan supplied to Northern Rock, an economist suggests.
Mervyn King, governor of the Bank of England, says legislation and regulation have made the crisis in the banking industry more difficult to deal with.
The Bank of England has done a U-turn by injecting £10bn into the money markets to lower three-month inter-bank interest rates.
Most homeowners would not consider selling their property if house prices were to fall, and some would even consider buying more property, according to a report from the Building Societies Association (BSA).
An attempt to organise a takeover of Northern Rock was underway last night, according to The Times , as regulators, government and bank officials sought to rescue Britain's fifth largest mortgage lender before panic among its customers leaves it beyond...
A further rise in UK interest rates is possible this year if the risks of inflation remain on the upside, according to Abbey International.
Illiquidity in credit markets is the major issue facing lenders rather than lending quality, according to the Council of Mortgage Lenders (CML).
House prices in England and Wales are growing at their lowest rate since July 2006, according to the Land Registry.
The Bank of England has given a loan of £314m to an unidentified party via its standing lending facility it was announced today.