John Duffield

Banks to seize New Star as shares crash

New Star Asset Management was in crisis talks with banks today as it was denied a suspension in trading of its shares, which lost 70% of their value...
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INTEREST RATES LATEST

Mervyn King The Bank of England will cut interest rates next week - but by how much?
- Rates forecasts

WHAT THE PAPERS SAY

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FTSE LATEST

4065.49-222.52

London Scottish logoSavers rescued after another bank collapses

Companies & markets: As many as 10,000 savers had to be rescued by the Government this morning as subprime lender London Scottish Bank collapsed...
Reader comments (8)

RBS branchBanks urged to follow RBS' arrears pledge

Mortgages & homes: Pressure was mounting on RBS's rivals to follow its pledge to give homeowners at least six months' grace before starting repossession action...
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Lee Tibbenham and Melissa Smith and baby JosephWe are stuck on a 9.7% mortgage rate

Mortgages & homes: Not long ago banks offered reasonably priced mortgages to almost everyone, but some now find themselves stuck on sky-high rates ...
Reader comments (18) | Calculate

Mervyn King, Governor of the Bank of England.Economists predict 1% interest rate cut

News: Mortgage bills for hundreds of thousands of London homeowners are set to be slashed again this week...
Reader comments (19)

New Star asset managementNew Star: Investors' questions answered

Investing: New Star Asset Management had a request to suspended its shares declined after they crashed. We answer investors' questions...
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Michele and Nathan Hoad, with sonsFamilies braced for the big tax sting

Pre-budget report: Financial Mail examines the impact of the Chancellor's Pre-Budget Report on families...
Reader comments (4)



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Centrica, British Gas, Phil BentleyBritish Gas opens direct debit helpline

Bargains & rip-offs: Energy boss Phil Bentley has promised action after readers flooded the Mail on Sunday with complaints about paying for power they have not used...
Reader comments (18)

Yvette CooperMinisters on £138,000 'dodge' new 45% tax rate

News: Cabinet Ministers are facing criticism over the extent by which they have protected themselves from new tax rises for the rich...
Reader comments (16)

PROPERTY SPOTLIGHT

Map Of The UK Find out what's really happening to the property market near you.
>> Property market

Rita YoungPension rises are just baby steps

Pensions: Older people were left underwhelmed by the mini-Budget package for pensioners, with small cash increases deemed not enough to help...
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Paul AdamsInvestors in Spike Milligan are no Goons

Investing: The late Goon would have found plenty to laugh about at the biggest ever sale of his mementos, which fetched more than £74,000 last week...

OUT OF POCKET

Louise Baird with children The crunch will affect your pocket money, parents are telling their kids.
Credit crunched

Pensioner looking out of the windowShould I put off my state pension?

Ask an expert: If I delay taking my state pension how long will it take to make up what I have lost when I decide to start?...

Couple moving houseCan we pass on our mortgage?

Ask an expert: Instead of selling the property, my husband and I feel it would be easier and faster to pass on the existing mortgage...



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