UK Floods Raise Specter of ‘Mortgage Prisoners’ Across Banks

As the prospect of flood damage haunts an ever larger number of U.K. homes, the country’s banks are under growing pressure to prove they’re not underestimating the risk in their mortgage books. Nationwide Building Society — once seen as an …

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Europe EV Sales Rose 70% in September

Battery-electric vehicle (BEV) registrations in Europe rose 70.3% in September, as high oil prices, subsidies and the availability of more affordable models continued to lead

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