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BBC News | Business | UK Edition

Repossession of homes up by 12%
The number of properties repossessed by mortgage lenders rose by 12% to 11,300 in the third quarter of the year.
Honda Swindon closing for 50 days
Honda is to cut production in Japan and Europe and close its Swindon plant in the UK in February and March next year.
BBC local video scheme rejected
The BBC Trust rejects controversial plans to launch a £68m network of local news websites with video content.
Citigroup is 'considering sale'
One of America's biggest banks may sell parts of its business or merge with a rival, according to newspaper reports.
Banks 'must kick-start lending'
Banks must start lending again or face being named and shamed, the Treasury Select Committee chairman says.
Oil price up as Asian stocks rise
Oil prices bounce back from a three-and-a-half year low, tracking Asian stocks higher, but are still below $50 a barrel.
Fullers upbeat amid downturn
Fuller, Smith & Turner says it is confident it will "cope well" even though the UK economic outlook did "not look good".
Asbestos victims win 'test case'
Asbestos-related cancer victims and their families have won an important test case over access to compensation.
Toyota upbeat about latest model
Japanese car maker Toyota defends bringing out a new model despite slashing its earnings forecast for 2008.
British teenagers remain optimistic about jobs in face of downturn
Most young people are confident of finding a job despite the economic downturn, a survey finds.
 
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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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