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Steep falls add to fears of deep recession - Financial Times
Sterling was battered, UK shares slumped and gilt yields touched historic lows on Monday as weak manufacturing and mortgage data added to concerns that Britain was facing a deep recession. The figures raised expectations that the Bank of England ...

British manufacturing contracts at record pace - WTOP Radio
LONDON (AP) - British manufacturing activity contracted at a record pace during November as new orders collapsed, a closely-watched survey found Monday, stoking expectations that the Bank of England may slash its benchmark interest rate by a full ...

House buying more difficult - Stuff
Couples will find their first home harder to buy as banks increase their minimum deposit rates, budget advisers say. ANZ National this week doubled the deposit required for mortgage lending from 10 to 20 per cent, meaning Christchurch property buyers ...

British manufacturing output contracts at record pace in November as ... - Minneapolis Star Tribune
LONDON - British manufacturing activity contracted at a record pace during November as new orders collapsed, a closely-watched survey found Monday, stoking expectations that the Bank of England may slash its benchmark interest rate by a full ...

2nd UPDATE: UK Oct Net Lending Drops To GBP1.3B, Mtges Slump - FXStreet.com
LONDON (Dow Jones)--U.K. net consumer lending dropped sharply in October as mortgage lending slumped, with mortgage approvals matching an all-time low, data from the Bank of England released Monday showed. Overall net lending fell to GBP1.3 billion ...

UK manufacturing shrank to record low in November, PMI report shows - Daily Telegraph
The closely watched manufacturing Purchasing Managers' Index (PMI), which combines orders and output levels in British factories, was 34.4 - the lowest level since the series began in 1992 and the biggest ever one-month fall. Anything below the 50 ...

Hints of further rate cuts as King backs chancellor - Guardian Unlimited
The Bank of England's governor, Mervyn King, said yesterday that he would not rule out a further recapitalisation of UK banks and indicated that there may be more aggressive interest rate cuts to get the banking system lending again. Speaking to the ...

Mortgage repayments outstrip new lending - The Independent
Mortgage repayments outstripped new lending in August for the first time as speculation of a stamp duty cut froze the housing market, official figures showed today. The Bank of England's latest data showed "negative" net lending of £700m - the first ...

Mortgage approvals rise for first time in a year - Times Online
Mortgage approvals for house purchases rose in September for the first time in more than a year, but remained near record lows, new figures from the Bank of England show. The Bank said mortgage approvals for new house purchases rose to 33,000 last ...

Mortgage approvals up but credit still tight - International Herald Tribune
Mortgage approvals rose last month for the first time in over a year, data showed on Wednesday, but analysts cautioned the marginal pick up from August's record low did not portend a housing market recovery. Mortgage lending last month was more than ...