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RBS cuts 0.19% off SVR mortgage rate
Royal Bank of Scotland (RBS) has decided to cut its standard variable rate (SVR) by 0.19 per cent.
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FTSE 100 flat as insurers weigh
The FTSE 100 remained flat, closing just 0.05 per cent higher at 4,236.28, as a rise in banking stocks offset a fall in the insurance sector.
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Homeowners pay off £8.1bn on mortgage
Homeowners repaid a record £8.1 billion on their mortgages in the first quarter as the sharp fall in house prices has left many with reduced or negative equity.
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