BHP/Potash:
BHP/Potash:
Canada’s takeover rules make Potash Corp of Saskatchewan easier to snare. Weaker protections for minority shareholders and stricter limits on poison pill defences should aid BHP Billiton’s $39 billion hostile bid. But, the miner may face a bigger hurdle closer to home.
Four-year negative equity warning
The National Housing Federation warns that homeowners in England who bought at the peak may face four more years of negative equity.
Mortgage lending dives to second lowest figure ever recorded
The subdued lending figures have added to concerns among economists that the housing market is heading for a fresh round of price falls.