PRESS DIGEST- British Business - June 4
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
ROYAL BANK OF SCOTLAND CAPS RISKY MORTGAGES
Royal Bank of Scotland has become the second bank in the space of two weeks to limit risky mortgage lending amid fears of unsustainable house price inflation. (link.reuters.com/qez79v)
UK DEALMAKING DROPS TO LOWEST LEVEL ON RECORD
Takeover activity between British companies fell to its lowest level on record during the first quarter of the year, according to official figures. (link.reuters.com/rez79v)
UK HOUSE PRICES SURPASS PRE-CRISIS LEVELS TO HIT NEW HIGH Continued...