LONDON - Britain's government published proposals to give the Bank of England new legal powers to control residential mortgage lending on Thursday, but said it wanted more evidence before deciding on a BoE request to regulate lending to landlords.
Royal Bank of Scotland has set aside �400m to cover the cost of investigating possible manipulation of the foreign exchange market.
Consumer confidence has edged down again this month, raising concerns for retailers as they enter the critical festive season. According to GfK's UK Consumer Confidence index, sentiment decreased by one point this month to -2.
ROYAL Dutch Shell's finance chief, Simon Henry, has stressed the company's enthusiasm for the West of Shetland area but said it faces tough choices in the Central North Sea off north east Scotland after it unveiled a 31 per cent hike in profits.
More �1 million properties were sold in a Home Counties city in the first half of the year than in the whole of Scotland. A record 33 homes worth at least �1 million were exchanged every day in Britain during the first six months of the year, a survey shows.