Archive for July, 2007

Lenders in stampede to withdraw fixed-rate mortgages

Saturday, July 7th, 2007

The cost of fixed rate mortgages looks set to rise sharply next week after banks and building societies started withdrawing products in response to Thursday’s bank rate rise.
Mortgage brokers were yesterday reporting that several big-name lenders including Abbey and Alliance & Leicester had withdrawn all or some of their fixed-rate deals. Britannia, Bristol & West, […]

Bond Yields Rise On Strong Jobs Report; Investors Lose Hope For Year-End Rate Cut

Saturday, July 7th, 2007

U.S. Treasury debt prices fell on Friday, pushing yields to two-week highs, after strong jobs data dashed some of the remaining expectations that the Federal Reserve would cut interest rates this year.
Unexpectedly robust job growth in June and upward revisions to figures for April and May added to recent downward pressure on bonds. Based […]

Regent Inns warns of weak profits

Saturday, July 7th, 2007

The company has also been affected by a slower than expected recovery at its Old Orleans business, which it acquired last year.
While Regent said the medium term outlook remained positive, profits for the year to the end of June will be below current market expectations.
Regent said its entertainment bars - Walkabout and Jongleurs […]

Spy Program Still Open to Future Challenges

Saturday, July 7th, 2007

Spy Program Still Open to Future Challenges Appeals Panel Dismissed Case but Didn’t Examine Case’s Merits By JAN CRAWFORD GREENBURG and THERESA COOK
July 6, 2007
A federal appeals court decision Friday dismissing a lawsuit that challenged the Bush administration’s warrantless wiretapping program is a significant victory for the White House, but it hasn’t […]

GOP Defections on Iraq: Who’s Next?

Saturday, July 7th, 2007

GOP Defections on Iraq: Who’s Next? Recent GOP Senators’ Breaks With Bush on Iraq Raise Question of Who’ll Be Next By ANNE FLAHERTY The Associated Press
WASHINGTON
After the recent defection of prominent Republicans on the Iraq war, the big question in Washington is who might be next.
More than a dozen Republican senators who […]