The value of home mortgage advances in January fell by half from December, when there was a late rush to complete deals before a tax break ended at the New Year, the Council of Mortgage Lenders said Friday.
The value of home mortgages in January was 4.7 billion pounds ($7.1 billion), down 45 percent from January.
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PARIS (AP) — Greek Prime Minister George Papandreou headed to Paris on Sunday, the third stop of a four-city tour seeking firmer European Union and U.S. support for harsh austerity measures that have sparked violent protests at home.
Athens is adamant that it has done all it can with the new measures to reduce its massive 12.7 percent budget deficit.
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BERLIN (AP) — Who's afraid of the IMF? Greece is betting that the major European Union powers just might be.
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LONDON (AP) — More than 60 economists have backed the government in a crucial political debate in Britain about how soon and how deeply to cut the nation's ballooning budget deficit.
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LONDON (AP) — Royal Bank of Scotland PLC said Tuesday that its joint-venture commodities unit RBS Sempra Commodities has sold its metals, oil and European energy businesses
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