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Number of mortgage approvals are at 10-month high

Credit: PA

The number of mortgage approvals made to home buyers jumped to a 10-month high in April.

Some 42,116 mortgages got the green light last month - the highest figure seen since June 2014, the British Bankers' Association (BBA) reported.

There was also a sharp increase in the amount savers deposited in their bank accounts as well as signs people are becoming more confident about taking on personal loan and credit card debt.

Richard Woolhouse, chief economist at the BBA, said: "There appears to be broad confidence about the economy, which the banks are supporting through affordable credit, leading to rises in borrowing across the board.

"Business lending has risen in three of the first four months this year indicating that we might have reached a turning point.

"There was a significant pre-election jump in mortgage approvals which we would expect to continue in the coming months."


Postal workers to report crimes in trial scheme

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Postal workers will be asked to report low-level crime or suspicious incidents to the police under a new trial scheme.

Royal Mail said more than 130 postmen and women in Winchester, Hampshire, will take part in the Mail Watch initiative.

Tony Marsh, director of security at Royal Mail, said:

Royal Mail postmen and women collect and deliver mail six days a week and have almost-unrivalled knowledge of the communities they serve.

We are proud to be formalising our working relationship with Hampshire Constabulary and Neighbourhood Watch through the launch of this important initiative, and look forward to playing our part in creating a safer community.

– Tony Marsh


Slaughter bosses admit 'dressing up goat' as British lamb

Two of the bosses of a slaughterhouse have admitted mislabelling meat for sale in the UK which was "dressed up goat from abroad as British lamb". Food inspectors found "large amounts" of goat meat falsely labelled as lamb at Farmbox Meats near Aberystwyth in Wales at the height of the horse meat scandal, a court heard.

Slaughter bosses admit 'dressing up goat' as British lamb. Credit: PA

The company's owner Dafydd Raw-Rees, 67, and manager Colin Patterson, 44, were due to stand trial at London's Southwark Crown Court but pleaded guilty to falsely describing food and failing to comply with food traceability requirements. Patterson was given a 12-week sentence suspended for two years, while Raws-Rees received a two-year conditional discharge. No charges were brought against the pair in relation to horse meat.

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