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EXCL: Barack Obama called George Osborne 'Jeffrey' by mistake 3 times at the G8 ...
22:42Tom Newton Dunn
EXCL: Barack Obama called George Osborne 'Jeffrey' by mistake 3 times at the G8 summit - a crushing blow to the Chancellor's ego.
When did Gvt strategy change on RBS? Ministers talked up giveaway; was it really...
21:26Samuel Coates
When did Gvt strategy change on RBS? Ministers talked up giveaway; was it really Balls Times iv that changed things (as Team Balls claim)
Mark Kleinman | Chancellor requires some financial wizardry if he wants to hive off RBS's 'bad' ...
20:50Mark Kleinman
Chancellor requires some financial wizardry if he wants to hive off RBS's 'bad' assets into separate entity without needing taxpayers' help.
A latecomer at the Mansion House just rushed in apologetically, saying: "I've be...
20:07Jon Craig
A latecomer at the Mansion House just rushed in apologetically, saying: "I've been at Ascot. My horse was placed." Must remember that one!
Laura Kuenssberg | If as expected Osborne says govt will consider an RBS split, crucial question is...
19:07Laura Kuenssberg
If as expected Osborne says govt will consider an RBS split, crucial question is how that is possible without costing taxpayer even more?
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20 August 2012
The Council of Mortgage Lenders estimates that gross mortgage lending in July increased to £12.7 billion. Lending rose by 8% from £11.7 billion in June and was 2% higher than the total of £12.5 billion in July 2011.In today's CML market commentary, CML market and data analyst Caroline Purdey comments:
"Gross mortgage lending showed an 8% increase from last month, continuing the see-saw pattern seen throughout this year, albeit against a broadly flat market.
"Interpretation of recent trends continues to be challenged by one-off effects. We look forward to the September figures when the distorting effects of the Diamond Jubilee and the Olympics should largely have worked their way through”.