Mortgage lending hits 10-year high as low rates and election result tempt buyers. Almost 1m mortgages were approved by big high street banks in 2019, the highest number since 2009 as the housing market gets back on its feet.
High-interest lender has put itself up for sale less than two months after founder James Benamor returned to the struggling company and removed its chief executive and chairman.
City traders dumped shares in on Monday after it emerged that the company faces fresh problems with its Trent 1000 engine. Rolls-Royce’s stock – also affected by the coronavirus – fell nearly 4pc to 632p, a low not seen since 2016.
The MP for Scarborough and Whitby has been rebuffed in his last-ditch efforts to try to save small-time investors in a Yorkshire miner from steep losses, with mining titan restating its intention to offer £405m in cash for ailing .
