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BBC News | Business | UK Edition

House prices 'fall 10.5% in year'
UK house prices are down 10.5% on a year ago, the first annual double-digit fall since 1990, the Nationwide says.
British workers 'fear job losses'
More than one in 10 British workers fear they will lose their job in the next year because of the economy, the TUC says.
Diageo expects 'challenges' ahead
Diageo, owner of Guinness and Johnnie Walker, says it faces a "challenging" market after seeing little change in annual profits.
Hurricane fears raise oil prices
The cost of crude rises for a fourth straight day on fears that Tropical Storm Gustav may disrupt oil production.
Management shake-up at Fannie Mae
The US mortgage giant announces a shake-up of top executives in an attempt to restore confidence.
Profits plunge at Credit Agricole
Credit Agricole reports a 94% fall in second-quarter profits after the bank is hit by a loss at its investment banking division.
Toyota cuts car sales forecasts
Japanese carmaker Toyota cuts its vehicle sales forecast for next year by nearly 7% as Western demand softens.
Nepalese sue US company over Iraq
A Nepalese man and relatives of 12 others killed in Iraq four years ago sue American firm KBR on charges of human trafficking.
Taylor Wimpey hit by massive loss
Housebuilder Taylor Wimpey reports a £1.54bn loss for the past six months after having to reduce the value of assets.
Call for housing market 'rescue'
A mortgage rescue scheme and councils buying unused land feature in a Liberal Democrat plan to revive the housing market.
 
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Your home maybe re possessed if you do not keep up re payments re a mortgage or loan secured on it. Think carefully before securing other debts against your home. Not all uk buy to let mortgage are regulated by the Financial Services Authority FSA. The price of shares & investments with the income derived from them can go down as well as up & investors may not get back the amount they invested. Past performance is not necessarily a guide to future performance. We act as Introducers to Brokers authorised & regulated by the Financial Services Authority FSA. These Brokers may also be members of the following professional organisations - FISA , the PFS , the AIFA , the Cii or IFAS . Information in this website should not be re construed as Financial Advice. The generic information contained with in this site is mostly subject to the UK regulatory regime & is therefore targeted re UK consumers only. 
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