Halifax offers 25-year fixed mortgage (Independent)

Halifax became the second high street lender to offer 25-year fixed rate mortgages yesterday, responding to the Government's initiative to try to persuade more borrowers to opt for longer-term home loans.

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Shallow first-half recession seen for U.S. economy (Reuters)

SAN FRANCISCO (Reuters) - A recession looms for the U.S. economy in the first half...

Fear that Fed's action is sign it knows of lurking danger (Times Online)

Fears that the US Federal Reserve?s hand was forced by evidence of a serious fundi...