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Bank of England warns no more rate cuts before 2010 as credit crisis deepens| News | This is London trouble getting credit, the Bank warned. The mortgage drought is having a crippling impact on housebuilders Despite the Bank of England cutting interest rates, mortgage rates are still soaring. With a typical loan at £158effects are almost endless, from falling behind with their mortgage to shoppers deserting the high street and thus causingmore work in "connected" industries, from solicitors to mortgage brokers. With rising unemployment, the numbergovernment and make your country a great place to set up shop, everyone seems to have money and a job. Get government http://www.thisislondon.co.uk/news/article-23484542-details/Bank%20of%20England%20warns%20no%20more%20rate%20cuts%20before%202010%20as%20credit%20crisis%20deepens/article.do?expand=true

BBC NEWS | Talk about Newsnight | A blog and forum broken glass from an apparently unprovoked attack at a baker's shop lodged in his neck. His death is the 13th teenageTreasury offered to banks in exchange for their potentially risky mortgage debts. It's hoped that the scheme will loosen up lending between banks - and consequently bolster the mortgage market. We'll be asking if taxpayers' money will be at risk http://www.bbc.co.uk/blogs/newsnight/latest_programme/

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