Copyright © 2007 Yahoo! All rights reserved. http://uk.news.yahoo.com/fc/credit.html en-en Fri, 16 May 2008 08:22:00 +0000 5 http://uk.news.yahoo.com/fc/credit.html http://l.yimg.com/eur.yimg.com/i/uk/any/u/news.gif 30 140 http://uk.news.yahoo.com/afp/20080516/tuk-britain-housing-social-a7ad41d.html /afp/20080516/r_t_afp_uk_britain/tuk-britain-housing-social-a7ad41d_1 Fri, 16 May 2008 08:22:00 +0000 The number of people on social housing waiting lists could rise by up to one million by 2010 because of the credit crunch, the Local Government Association warned Friday. AFP http://uk.news.yahoo.com/rtrs/20080515/tbs-uk-worldbank-microfinance-7318940.html /rtrs/20080515/r_t_rtrs_bs_other/tbs-uk-worldbank-microfinance-7318940_2 Thu, 15 May 2008 22:28:00 +0000 The World Bank and Standard Chartered said on Thursday they hope to expand funding for microfinance lending in Africa and Asia in a deal that issues credit-linked notes backed by loans. Reuters http://uk.news.yahoo.com/rtrs/20080515/tuk-uk-economy-britain-credit-fa6b408.html /rtrs/20080515/r_t_rtrs_uk_other/tuk-uk-economy-britain-credit-fa6b408_2 Thu, 15 May 2008 20:21:00 +0000 The credit crunch is moving into a "third phase," affecting the real economy, but concerns about banks' capital and solvency have been largely resolved, a top financial watchdog official said on Thursday. Reuters http://uk.news.yahoo.com/afp/20080515/tuk-forex-britain-a7ad41d.html /afp/20080515/r_t_afp_uk_britain/tuk-forex-britain-a7ad41d_1 Thu, 15 May 2008 16:34:00 +0000 Sterling bounced back against the dollar and the euro on the back of the Bank of England's pessimistic inflation report, dealers said Thursday. AFP http://uk.news.yahoo.com/rtrs/20080515/tbs-uk-banks-europe-29d6e98.html /rtrs/20080515/r_t_rtrs_bs_banking/tbs-uk-banks-europe-29d6e98_1 Thu, 15 May 2008 15:27:00 +0000 Barclays held off bolstering its capital on Thursday, prompting criticism it was in denial, but French rival Credit Agricole and other European banks took steps to boost balance sheets hit by the credit crunch. Reuters http://uk.news.yahoo.com/rtrs/20080515/tbs-uk-credit-banks-fair-value-03c9bed.html /rtrs/20080515/r_t_rtrs_bs_company/tbs-uk-credit-banks-fair-value-03c9bed_1 Thu, 15 May 2008 14:08:00 +0000 Credit market dislocation has allowed some banks to book gains on the value of their own debt, but analysts warn these gains are not an indicator of profit and they can easily be wiped out as conditions normalise. Reuters http://uk.news.yahoo.com/afp/20080515/tbs-britain-banking-company-earnings-bar-549cbb6.html /afp/20080515/r_t_afp_bs_britain/tbs-britain-banking-company-earnings-bar-549cbb6_2 Thu, 15 May 2008 13:36:00 +0000 Barclays, Britain's third-biggest bank, said on Thursday that first quarter profits fell after suffering a 1.0 billion-pound (1.25 billion-euro, 1.95 billion-dollar) hit from the global credit crunch. AFP http://uk.news.yahoo.com/afp/20080515/tuk-britain-banking-company-earnings-bar-a7ad41d.html /afp/20080515/r_t_afp_uk_britain/tuk-britain-banking-company-earnings-bar-a7ad41d_2 Thu, 15 May 2008 13:33:00 +0000 Barclays, Britain's third-biggest bank, said on Thursday that first quarter profits fell after suffering a 1.0 billion-pound hit from the global credit crunch. AFP http://uk.news.yahoo.com/rtrs/20080515/tbs-uk-agricole-29d6e98.html /rtrs/20080515/r_t_rtrs_bs_banking/tbs-uk-agricole-29d6e98_4 Thu, 15 May 2008 13:21:00 +0000 Credit Agricole pledged 5 billion euros (4 billion pounds) of asset sales and a shake-up of its investment banking arm, axing chief executive Marc Litzler, as the sub-prime crisis spread to France's biggest retail bank. Reuters http://uk.news.yahoo.com/afp/20080515/tuk-stocks-britain-222c178.html /afp/20080515/r_t_afp_uk_stocks/tuk-stocks-britain-222c178_1 Thu, 15 May 2008 11:03:00 +0000 London shares rose on Thursday as companies published mixed earnings news, and after share-price gains in Tokyo and overnight on Wall Street. AFP