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  • September 16, 2014
  • Last updated: 3:39pm
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  1. Property - International - BRITAIN

    UK commercial property lending rises as banks cut bad debt

    Posted May 28th 2014, 05:08am by BLOOM

    ... Bloomberg in London Loans for commercial properties up 17 per cent as banks clear up soured portfolios Lending up in UK as banks cut debt Lending for commercial property in Britain climbed 17 per cent last year as banks resolved troubled debt and the economy improved, a survey by De Montfort University showed. New loans increased to £29.9 billion (HK$390 billion) from £25.5 ...

  2. Property - International - BRITAIN

    Britain's housing prices stagnate

    Posted Sep 10th 2014, 04:43am by Reuters

    ... Reuters in London Several measures of the housing market point to slowing in pace of price growth as the central bank acts to avoid run-up in mortgage debt UK house price growth stagnates ... of England has identified the housing market as the biggest domestic risk to Britain's economic recovery and has taken steps to avoid a big run-up in risky mortgage debt. The bank said ...

  3. Property - International - BRITAIN

    London prices fall as British property market cools

    Posted Jul 23rd 2014, 05:20am by Bloomberg

    ... stability officials set a cap on loan-income ratios last month to prevent surging prices leading to an excessive build-up of debt. The declines were "a sign of some sellers asking beyond what ...

  4. Property - International - BRITAIN

    Home prices in London run out of steam as common sense takes hold

    Posted Jun 18th 2014, 03:29am by Bloomberg

    ... prompted warnings from both the Bank of England and international groups such as the European Commission. Carney said last week that housing debt was a concern and the government planned to give ...

  5. News - World - BRITAIN

    London skyscraper The Gherkin goes into receivership

    Posted Apr 25th 2014, 08:57pm by GDN

    ... to currency issues, rather than any difficulties with the wider property market. Changing exchange rates had inflated the size of the original loan and the owners failed to make several debt payments. ...

  6. News - World - BRITAIN

    Gurkhas ‘cheated’ by British government on pay and pensions, lawmakers told

    Posted Mar 27th 2014, 09:06pm by AFP

    ... for the same pay, pension and facilities as their British Army comrades. Where is the debt of honour that this country owes to the Gurkhas? CAPTAIN RAMBAHADUR LIMBU The war hero said he had never had ... to know that our trusted friends have cheated us and stabbed us from the back, I felt very bad. Where is the debt of honour that this country owes to the Gurkhas?" Wearing his heavy row ...

  7. News - World - BRITAIN

    UK lets Scotland borrow money to woo voters before independence poll

    Posted Feb 19th 2014, 08:38pm by Reuters

    ... Scotland might refuse to take on its share of Britain's debt if it was not part of a formal currency union. Yesterday's announcement allows Scotland to issue a modest £2.2 billion ... the UK's low costs of borrowing. Issuing its own debt is unlikely to be as cheap," the ministry said. Scotland's government says it would have stronger finances than the rest of Britain ...

  8. News - World - BRITAIN

    Shetland Islanders’ Viking heritage casts shadow on Scots independence

    Posted Mar 24th 2014, 09:09pm by AP

    ... between Edinburgh and London over Scotland's share of Britain's offshore oil and gas- and of its trillion-pound national debt. A "no" vote is likely to lead to talks about ...

  9. Property - International - BRITAIN

    Another wave of super-rich heading for London

    Posted Feb 12th 2014, 04:29am by Reuters

    ... residential research team, said. This is despite prices in London already having risen sharply after a rush of foreign buyers of London mansions, prompted by the euro-zone debt crisis and the Arab ...

  10. Property - International - BRITAIN

    Banks relax lending on commercial property but find few takers

    Posted Jul 10th 2013, 12:00am by BLOOM

    ... Bloomberg Borrowers on commercial property are wary of taking on more debt after fall in values Banks finding fewer takers for investor loans Commercial property investors, stung by a 37 per cent drop in values in the past six years, are reluctant to take on more debt, even as British lenders make more credit available after prices stabilised. Demand for commercial real estate ...




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