Tuesday, December 23, 2008
U.K. November BBA mortgage approvals hit just 17.8k compared to
revised 20.8K in October, resulting in a 61% decline from a year
earlier. Weakening demands paired with the downturn in the financial
market has certainly take a toll on Europe’s second largest economy, and conditions may only get worse in 2009 as the economy heads into a recession.Fundamental Headlines
• CIT to Convert Into... [read more]
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