Financial Times FT.com

Banks still lending at many times earnings

By Norma Cohen

Published: January 30 2009 22:20 | Last updated: January 30 2009 23:06

UK banks have become more cautious in the way they make new mortgage loans, but not nearly as cautious as might be expected given the slump in house prices and the deepening recession, official data have revealed.

Click here for full graphic

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this