Best Loans UK

Inside: Cheap Personal Loans UK

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Commercial property lending slides
LONDON (Reuters) – The total value of new loans secured by commercial property buyers shrunk to 24.6 billion pounds in the first half of 2008 — less than one third of the total loans issued in 2007, research on Wednesday showed.

IMF warns on global recession as OPEC slashes oil output
AFP Journal Internet – The IMF on Wednesday urged action to stave off a global recession as a record slash in oil output by OPEC and a Wall Street baron’s court appearance underlined the strains in the global economy.

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