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BloombergU.K. Demand for Credit Slows in Month After Vote to Quit EUBloombergU.K. mortgage approvals slumped to an 18-month low in July and consumer borrowing slowed following the decision to quit the European Union. Banks and mutually owned lenders signed off on 60,912 home loans, the fewest since January last year, the ...Apple faces large Irish tax bill in EU ruling - business liveThe GuardianUK mortgage approvals July 60.9k vs 61.9k expForexLiveUK Mortgage Approvals Slow More Than Expected in July: BoERetail Crowdall 11 news articles »
Breakfast briefing: Retail News on French Connection, Notonthehighstreet, M&S and moreRetail WeekOnline retailer Notonthehighstreet.com has secured £21m from its investors in a move to expand in the UK and international markets, This is Money reported. The fundraising was led by German media investor Hubert Burda Media as well as existing ...and more »
Telegraph.co.ukL&G moots new mortgage 'marketplace' matching investors with homebuyersTelegraph.co.ukSmith said: “Housing is completely fundamental to the health of the UK economy. The more money people have the more they invest and save. “A well-functioning housing market with balanced supply and demands that doesn't overheat is something we ...and more »
BloombergBrexit Boosts Lure of Sticky Deposits for U.K. Banking StartupsBloombergThe potential for whipsawing markets and wider spreads post-Brexit is convincing banking startups that the stickiness of deposit funding is worth the cost and effort needed to convince customers to move their money. British regulators are in talks with ...and more »
ScotsmanScottish households see biggest rise in wealth in UKScotsmanTom McPhail, head of pensions research at Hargreaves Lansdown Pensions, said that public sector guaranteed final salary pensions could be a factor influencing the increase in Scotland's personal wealth. He said: “If you look at the demographics ...and more »
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