Updated 9:51pm 22 May 2012

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Nevill Boyd Maunsell

Lenders agree to clamp down on mortgage scams

Mortgage lenders, housebuilders and estate agents have agreed new rules intended to stamp out a scam where buyers of newly built homes have obtained mortgages based on far bigger prices than they actually pay.Read

Survey shows house prices still rising year-on-year

A remarkably stable picture of the housing market has come from the Department of Communities and Local Government.Read

Bank says liquidity schemes set to become commonplace

A 'backstop' like The Bank of England's special liquidity scheme, set up to make up to £100 billion available to banks could become a permanent feature of British banking. Read

Bank of England paints a gloomy picture

Bank of England governor Mervyn King has admitted the UK is in for a tough year financiallyRead

Government facing tough choices on inflation

Chancellor Alistair Darling has been urged to abandon the Bank of England's two per cent inflation target after official numbers showed rocketing gas and electricity bills drove the cost of living ahead three per cent over the 12 months to April, up from a seemingly reassuring 2.5 in February and March.Read

Private client stockbroker opens new base in city

Rathbones, a private client stockbroker managing nearly £11 billion for individuals and trustees, is opening in Birmingham, headed by two recruits from the local office of Citi Quilter.Read

Lloyds TSB won't go cap in hand to investors

Lloyds TSB is not following the examples of The Royal Bank of Scotland and HBOS in tapping its shareholders for more capital to shore up its balance sheet.Read

£37m hit for Standard Life to guarantee investments

Standard Life is taking a £37 million hit on its first-quarter profits to underpin guarantees made to investors in one of its global liquidity funds that they can get back the original cost of their investments. Read

Author Profile

Nevill is The Birmingham Post's economics editor and based in the newspaper's London office.