UK small caps set for challenging Q4

By Rhys Jones and Ben Deighton (Reuters) British small caps are braced for a tough end to the year after a challenging third quarter saw the FTSE small cap index shed 10

Northern Rock loan repayment ahead of schedule

Nationalised British mortgage lender Northern Rock said it was repaying its emergency government loan more quickly than planned, but warned the housing market slump could hinder further progress. In a trading statement,