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PM in vow to entrepreneur - Leicester Mercury
The Prime Minister has promised to investigate the case of an award-winning entrepreneur who blames her bank for forcing her to the brink of bankruptcy. When the credit crunch hit, Bernie Taylor, who runs the Mulberry Pub Company, in Melton, turned ...

Bookmakers put on spurt as Greeks make challenge - Times Online
Ladbrokes and William Hill, Britain’s biggest bookies, both jumped against a falling market on talk that Opap, the partly state-owned Greek gaming company, was about to move in on their turf with a bid. Opap, the largest gaming company in Europe ...

HUD Said to Entice Banks to Enter Foreclosure Program (Update1) - Bloomberg
Nov. 19 (Bloomberg) -- The Bush administration, seeking to entice more lenders to join a program aimed at preventing foreclosure, is considering a reduction in the costs for the banks that sign up, a senior administration official said. The Hope for ...

Mortgage aid falls short, Bush admin official says - BusinessWeek
Two government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official acknowledged Wednesday. One program will be revamped immediately, and the other ...

Bricks and slaughter - The Sun
HOUSEBUILDING is arguably just about the only sector of the UK economy where things are even worse than in the financial services industry. Some of the biggest names in housebuilding have been crushed during the last year by a toxic combination of ...

Bush Official: Mortgage Aid Not Working - CBS News
(CBS/AP) Two government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official acknowledged Wednesday. One program will be revamped immediately, and ...

FDIC's Bair pushes aggressive mortgage plan - CNN Money
NEW YORK (CNNMoney.com) -- In a surprise move, FDIC Chairwoman Sheila Bair Friday unveiled details of her plan to have the government help delinquent homeowners. There are two key elements to the proposal. First, housing payments for delinquent ...

Taylor Wimpey mulls land bank sale as it looks to refinance - Daily Telegraph
Chief executive Peter Redfern and finance director Christopher Rickard told analysts that debt discussions with the group's banks so far had been a "tad disappointing", causing the shares to tumble 19pc. Mr Refern and Mr Rickard added that if the ...

Housebuilders subside once more - Guardian Unlimited
Housebuilders are being hit again on worries about possible refinancing, along with the never-ending gloom associated with the sector (the latest being a 4.9% fall in prices in October, according to Rightmove). So Persimmon is down 36.5p at 201.75p ...

Housebuilders miss Footsie rally - Financial Times
Housebuilders were sidelined on Thursday as London’s large-caps rallied for the first day in three. Taylor Wimpey sank 15.7 per cent to 10¾p after Merrill Lynch voiced doubts about the group’s ability to refinance its £1.7bn net debt. “The ...

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