Companies

Nov 29: UK housing jigsaw pieces slot into place

UK mortgage lending figures published by the Bank of England provide hard data on how the credit squeeze is affecting the British housing market. Added to a drop in house price figures from Nationwide and trading updates from two British lenders - Bradford & Bingley and Alliance & Leicester - the Bank of England has plenty to digest as it meets next week to set interest rates in the UK. FT Economics Editor, Chris Giles, reports.