Weak lending highlights tough outlook for UK

Inside: Cheap Loans UK

Weak lending highlights tough outlook for UK
LONDON (Reuters) – Hopes for a bounce in Britain’s ailing economy were dealt a blow on Monday after data showing a slowdown in mortgage lending alongside a modest pick-up in unsecured lending highlighted the tough conditions faced by hard-pressed consumers.

Greek PM narrowly wins crucial confidence vote following a week of turmoil
In a dramatic gamble, the Greek prime minister announced he would form a coalition government to push through the bailout deal designed to save his nation from bankruptcy and the single currency from meltdown.

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