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UK lender Cattles to cut 510 jobs

UK sub-prime lender Cattles says it may cut as many as 510 jobs as it closes 30 branches of its Welcome Financial brand.

news.bbc.co.uk /1/hi/business/8233113.stm - Wed, 02 Sep 2009 06:34 GMT

Baltimore's tale of sub-prime woe

Matthew Price reports from Baltimore in the US on new revelations about how US banks pushed customers into sub-prime mortgages despite the risks.

news.bbc.co.uk /1/hi/business/8118376.stm - Sun, 28 Jun 2009 15:38 GMT

The crippling cost of Right to Buy

Charles and Margaret Okwalinga bought their council house after three years but due to a sub-prime mortgage are now perilously close to being homeless.

news.bbc.co.uk /1/hi/business/8049493.stm - Thu, 14 May 2009 12:07 GMT

GMAC revives sub-prime car loans

General Motors' (GM) finance division is cutting financing costs and reviving sub-prime lending to stimulate car sales.

news.bbc.co.uk /1/hi/business/7977472.stm - Wed, 01 Apr 2009 16:36 GMT

Sub-prime lender facing £700m hit

UK sub-prime lender Cattles says it may have to set aside an extra £700m to cover bad loans following a review of its accounts.

news.bbc.co.uk /1/hi/business/7976360.stm - Wed, 01 Apr 2009 09:52 GMT

Problems mount at sub-prime firm

Sub-prime lender Cattles says there has been a failure of accounting controls at the firm and suspends three senior managers.

news.bbc.co.uk /1/hi/business/7920772.stm - Tue, 03 Mar 2009 11:09 GMT

Tracing the recession around the globe

The source of the financial crisis is seen by many as the failure of the sub-prime mortgage market in the United States.

news.bbc.co.uk /1/hi/business/7848512.stm - Fri, 23 Jan 2009 22:52 GMT

Loan firm set to cut 1,000 jobs

Sub-prime lender Cattles plans to cut 1,000 jobs, 20% of its workforce, as it seeks to weather the economic downturn.

news.bbc.co.uk /1/hi/business/7815299.stm - Wed, 07 Jan 2009 11:07 GMT

Rotten roots of the credit crunch

The credit crunch has its roots in the now infamous sub-prime mortgages in the US.

news.bbc.co.uk /1/hi/business/7680169.stm - Mon, 20 Oct 2008 14:16 GMT

Broker admits to immoral lending

A cold-calling sub-prime mortgage broker admits to what he now considers to have been immoral practices.

news.bbc.co.uk /1/hi/business/7667785.stm - Mon, 13 Oct 2008 16:34 GMT

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