Good morning: Are we facing (yet another) sub-prime lending crisis? A number of City analysts fear that they have, as we explain on our front page this morning. The Bank’s Prudential Regulation Authority will set out measures at 9.30am to correct “weaknesses” in bank lending. Markets snap The Nikkei closed down 0.12 per cent this morning at 20,032.35. On the corporate front, Sainsbury’s has updated shareholders on first-quarter trading this morning.

Source: The Times July 04, 2017 07:41 UTC