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House repossessions hit 12-year high The number of UK house repossessions jumped by 48 per cent in the first half of the year to hit a 12-year high.

FTSE closes at 5489.2
A sharp slide in oil prices helped the FTSE 100 Index close 11.7 points higher at 5489.2.


RBS reports losses of £692m Royal Bank of Scotland has reported losses of £692 million for the first half of 2008.

Minister fails to end stamp duty speculation
The Housing minister has failed to put an end to speculation that stamp duty is to be suspended.


Report warns of $200 oil price A think tank has warned that oil prices could hit $200 a barrel because of a supply "crunch" in five years time.

Energy firms 'picking pockets' of Britons
A consumer champion has claimed that Britons are having their "pockets picked" by big European energy firms.