Mortgage activity dropped in September compared with a year ago signalling a UK housing market that is "continuing to cool", banks have said.
08.45: A big fall by Tesco shares after the embattled grocer reported worse than expected half-year results set the tone for an opening drop by the Footsie, with other disappointing corporate results from the likes of Unilever and Foxtons also weighing.
Britain's biggest drugmaker GlaxoSmithKline today set out plans to �fundamentally re-shape� the business - with jobs on the line as the pharmaceuticals giant aims to cut costs by �1 billion.
A recent sharp slowdown in the London property market has led to a profit warning from estate agency group Foxtons, sending its shares slumping more than 15%.
LONDON (Reuters) - Lloyds Banking Group's aborted attempt to sell hundreds of branches to the Co-operative Bank was not influenced by politicians, a committee of lawmakers said on Wednesday.