ING Direct savers in the UK will be protected by the British Government, instead of the Dutch compensation scheme, once a proposed buy-out by Barclays goes ahead.
Nationwide Building Society will stop selling new interest-only mortgages next week, which is another hammer blow for borrowers looking for such home loans.
Bank of England policymakers decided against unleashing further emergency support for the recovery today, despite mixed signs over the health of the economy.
4 October 2012
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