Mortgage approvals for house purchase were at a 12-month high of 44,657 in January according to the BBA, as buyers took advantage of low interest rates * China hits back at Trump over currency jibe * RBS shares fall after bank posts £7bn loss * French consumers shrug off political uncertainty 11.20am GMT OVER IN GREECE, PRIME MINISTER ALEXIS TSIPRAS HAS BEEN DEFENDING THE CONTROVERSIAL DEAL THE GOVERNMENT HAS STRUCK WITH ITS CREDITORS TO UNBLOCK STALLED BAILOUT TALKS. When you negotiate you win [some things] but you are also obliged to give ground. We always lost and never won. What we achieved was an honourable compromise. It was the end of the beginning of continual austerity. 11.10am GMT PSA HAS TOLD LEN MCCLUSKEY, THE BOSS OF BRITAIN’S BIGGEST UNION, UNITE, THAT ITS PLAN TO BUY GENERAL MOTORS’ EUROPEAN BUSINESS IS NOT ABOUT CLOSING CAR PLANTS IN THE UK. Continue reading...
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