Mortgage rescue scheme missed targets.....

A scheme aimed at preventing people losing their homes in England proved to be below target but above budget, a report has concluded. The Mortgage Rescue Scheme enabled not-for-profit housing associations to buy a stake or all of a home and allow the residents to continue living...


Record low for interest rates..........

UK interest rates have been kept at the record low of 0.5% again by the Bank of England's Monetary Policy Committee. Data this week pointed to a slowdown in growth in manufacturing, construction and services, which economists took as a sign that the Bank would not change rates...