The majority of people with mortgages could cope with a rise in interest rates, the Bank of England has said.
Just 4% of mortgage holders would need to take action if interest rates rose to 2.5% from their current 0.5% historic low, according to the Bank's annual survey of household finances.
Scotland's economy slowed in November although more jobs were created, according to the latest monthly survey by the Bank of Scotland.
It warned that the year ahead will be challenging because of a slowdown in trade with Europe.
Despite the relatively strong housing market in central London, Foxtons has been demoted from the FTSE 250 and has been replaced by luxury shoe manufacturer Jimmy Choo.
The rising cost of private rents will push future generations into poverty and add billions to the housing benefit bill, according to social policy charity the Joseph Rowntree Foundation.
The charity's report says that by 2040, people who rent will be more than twice as likely to be living in poverty than homeowners.
Joseph Rowntree expects rental costs to rise 90%, twice as fast as income.
New global rules to prevent banks that are "too big to fail" from being bailed out by taxpayers have been welcomed by the Governor of the Bank of England.
Savings of up to £1m are to be protected under new proposals from the Bank of England aimed at avoiding a Northern Rock style run on a bank.
Only money temporarily deposited in a bank, because of a house sale or an inheritance, for example, will be protected for a period of six months.
Under current rules a maximum of £85,000 is protected.
Some two or three years ago, the European Central Bank (ECB) would have been seen as revolutionary and courageous, if it had then set about buying bank debt in the form of bonds, including junk from Greece and Cyprus.
The Spanish economy grew at its fastest pace over the last three months since the end of 2007, according to Spain's statistics office.
But falling prices show the country is facing a deflation threat after it emerged from a two year recession last year.
Economic growth for the last three months was 0.6%, ahead of the Bank of Spain's forecasts of around 0.5%.
That leaves the annualised rate of growth at 1.2%.
Economic growth for the first three months of the year could be be revised up after official figures showed the construction industry grew by more than expected.
The construction sector grew by 1.5% in the first quarter, more than double the original 0.6% estimated by the Office for National Statistics (ONS).
It means first-quarter economic growth could lift from 0.8% to 0.9%.
That would be the strongest growth since 2010.
The governor of the Bank of England has put on record his concern that the greatest risk to the UK's recovery are the red-hot conditions in the London property market, the potential for contagion to the rest of the country, and the associated risk that banks may be lending recklessly.
Opt in here