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02/09/2008 - 19:30

UK Today Editoweb 2 september 2008

Mansion millionaire 'killed family' - Average 2-year mortgage rate back at pre-crunch levels - Tories condemn 'weak' Government

Mansion millionaire 'killed family'

Millionaire businessman Christopher Foster was filmed by his own CCTV cameras firing a rifle at a horsebox shortly after he killed his wife and teenage daughter, detectives have said.

Average 2-year mortgage rate back at pre-crunch levels

The average rate on popular two-year fixed mortgages has fallen back to pre-credit crunch levels, easing the financial pressure on some overstretched homeowners, financial data group Moneyfacts said on Tuesday.

Tories condemn 'weak' Government

Gordon Brown was accused of being more concerned with his political survival than the ailing economy as forecasters predicted the UK was heading for recession.

FTSE up as housing package lifts banks and builders

The leading share index gained 0.3 percent on Tuesday as a government plan to bolster the slumping housing market lifted banks, although heavyweight commodity stocks fell on weaker metal and crude prices.

Pound slumps against euro, dollar

The pound fell to a new low against the euro Tuesday, as well as hitting a two-year low against the dollar.

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