Spain partially nationalised banking giant Bankia SA after concerns about its real estate exposure in a scenario reminiscent of the Irish crisis following the 2008 implosion of Lehman Bros.
Two years after claiming Goldman Sachs does ‘God’s work’ – or at least God’s banking – Lloyd Blankfein breaks his vow of silence to spread a new message: the bankers are ashamed… No, really.
As the government launches a new programme for people who cannot raise the big deposits many mortgage lenders expect, Channel 4 News takes a close look at the NewBuy scheme.
With mortgage costs rising for 850,000 borrowers, housing campaigners are warning that poverty and homelessness are set to increase.
On Monday, David Cameron will announce a significant housing scheme including some sort of mortgage indemnity scheme for new build homes. There are many many questions about such a well-intentioned scheme designed to help rebuild the broken lower rungs of Britain’s housing market.
With inflation rising to match record highs, Channel 4 News looks at the effect on the economy and consumer and considers if there are any reasons to be cheerful.
The dream of owning their own home is fading for many young people in the UK according to a new study.
The Bank of England has kept interest rates on hold at 0.5 per cent. The decision to maintain record low rates was widely expected after a set of gloomy economic indicators.
As interest rates stay on hold for the 25th month in a row, Channel 4 News asks a mortgage expert whether homeowners should be preparing for a rise later this year.
The Bank of England, as expected, keeps interest rates at a record low of 0.5 per cent, despite growing pressure to put them up.
As RBS pays almost £1bn in bonuses, Channel 4 News speaks to “City Boy” Geraint Anderson about a world still reliant on “short-term reckless gambling”, despite the crash.
As inflation rises to 4 per cent, Economics Editor Faisal Islam says an interest rate increase is likely in the next four or five months.
The Bank of England votes to keep interest rates at 0.5 per cent for the 23rd month in succession.
New figures show mortgage approvals fell to a record low in 2010 – while house prices also continue on a downwards trend.
Exposure to Ireland’s crippled economy will force Lloyds Banking Group to write down more than £4bn of loans – a “not helpful, but not life-threatening” step, one analyst tells Channel 4 News.