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 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.
Annual house price growth slowed for the second month in a row in October, according to Nationwide building society, in the latest sign the market has lost momentum.
BEIJING (Reuters) - China's shadow banking sector continued to grow at breakneck speed in 2013 and now ranks as the third largest in the world, a report released by the Financial Stability Board showed on Friday.