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Resilient buy-to-let may soften housing downturn
LONDON (Reuters) - Strong rental demand will underpin the buy-to-let market and help the country avoid a more painful housing crash, though some investors will be caught out as a number of mortgage lenders exit.
UK shares among worst performers in Europe
LONDON (Reuters) - Britain's stock market has been one of the worst performing in the European Union over the past five years, rising by less than half of the overall average, data shows.
IFA firm Thinc fined for subprime mis-selling
LONDON (Reuters) - A large firm of independent financial advisers, the Thinc Group, has been fined for not telling customers the risks of investing in subprime mortgages, the Financial Services Authority said on Thursday.
Mortgage lenders go slow on rate cuts
LONDON (Reuters) - A quarter of lenders are yet to announce their mortgage rate intentions, five weeks on from the last interest rate cut by the Bank of England.

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