Another recession?

Not enough shopping: The economy appears to be contracting.

Opinion Former Comments

CML chairman's speech: "More certainty for essential market recovery"

More certainty, greater clarity, less politics and longer term objectives are essential in helping the mortgage market recover according to CML Chairman Nigel Terrington in his speech to an audience of over 600 people at the CML annual lunch.

CML: Mortgage market diversity: our mutual friends - and non-banks!

Today’s issue celebrates diversity in the mortgage market – we welcome today’s expansion of Funding for Lending to help non-banks, and report the strong recent growth of the building society sector.

CML response to EU mortgage credit directive

The Council of Mortgage Lenders today welcomed the Irish Presidency's announcement that agreement on the EU Mortgage Credit Directive has been reached and that the scope of the new rules is unlikely to cause problems for domestic lenders. The proposed rules sit alongside consumer protection measures due to be introduced in the UK by the FCA's new Mortgage Market Review (MMR) rules.

World’s first Time Management Contract for Complex Projects published by the CIOB

After two years in the making the Chartered Institute of Building has published the world’s first contract specifically aimed at the management of time in complex construction and engineering projects.

BSA: "House building is an important growth engine for the economy"

In its budget submission to HM Treasury, the Building Societies Association calls for the Government to deliver measures that will boost house building and the economy; protect homeowners at risk of flooding, and assist hard-pressed savers.

CML: Gross mortgage lending declines in January

The Council of Mortgage Lenders estimates that total gross mortgage lending declined to £10.4 billion in January. This is 9% lower than December’s gross lending figure of £11.4 billion and a 3% fall from £10.7 billion in January 2012.

CML: Mortgage and housing markets in Canada and the UK

To see all the stories in full, go to the latest issue of CML News & Views, available here.

CML reports lowest number of repossessions since 2007

The Council of Mortgage Lenders today reports a fall in the number of properties taken into possession by first-charge residential mortgage lenders from 8,200 in the third quarter of 2012 to 7,700 in the fourth quarter, maintaining a repossession rate of 0.07%. This is the lowest quarterly number since the fourth quarter of 2007.

Unite: IFS forecast: sack George Osborne

Unite, Britain's biggest union, has called the Chancellor of the Exchequer, George Osborne an 'unmitigated disaster' and has called for him to be sacked following the latest economic forecast from the Institute for Fiscal Studies.

Gross lending £11.7 billion in December, says CML

Gross mortgage lending in December reached an estimated £11.7 billion, according to the Council of Mortgage Lenders. This brings the estimated total for the year to £143 billion, up from £141 billion in 2011. In 2013, the CML forecasts gross lending will reach £156 billion.

25/01/11

Britain looks likely to slip back into recession after new figures this week showed the economy has started to contract.

The economy chrank 0.2% in the last quarter of 2011. For an economy to be officially in recession it must shrink for two consecutive quarters.

The figure is within the margin of error and most preliminary conclusions are later revised, but the political ramifications of the report are very severe.

The ONS report showed production industries decreased by 1.2%, compared with a 0.2% increase the previous quarter.

Cameron: Bold Britain is pro-business

Clegg: Income tax moves will help working families

Miliband: This govt isn't helping the squeezed middle

Markit: Take figures with pinch of salt

TUC: Osborne's plan going horribly wrong

Ippr: Austerity and eurozone to blame

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Britain's great energy debate

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Opinion Former Events

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MRSA Action UK Annual Memorial Event

Families will pay tribute and remember those lost to MRSA and healthcare associated infections at Westminster Abbey on Thursday 13th June 2013

BSIA: Information Destruction Exhibition & Conference 2013

Following the great success of the BSIA's Information Destruction Conference and Exhibition in May 2012, we are pleased to annouce that the event is returning again in June 2013. This one-day conference and exhibition is aimed at key decision makers in organisations that carry out the secure destruction of confidential material.