Friday 20 February 2009

The number of UK homes repossessed last year rose 54pc to a 12-year high of 40,000, figures from the Council of Mortgage Lenders show.

Telegraph
"He said there had been a sharp rise in cases where borrowers were handing back their keys or abandoning their properties."
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UK car production fell 58.7pc in January, confirming the dramatic decline in the country's motor industry.
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Tony Blair, peace laureate? Have they heard of Iraq?
"Our newly decorated man of peace is the same one who, as Middle East peace envoy, failed to utter a single word of public condemnation about last month's Israeli bombardment of Gaza – even though it was denounced as disproportionate by Ban Ki‑Moon, the general secretary of the United Nations. It was only after Gordon Brown mocked his old adversary, by suggesting that he must be on holiday, that Mr Blair found his voice."

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