OneSavings Bank Plc (OSBO.L) has warned of the potential
impact of a hard Brexit on the UK housing market over the next year,
overshadowing largely upbeat results and sending its shares lower. First half
results showed its net loan book grew 11 percent to 8.1 billion pounds and the
company said it now expected growth in the “high-teens” percent versus a
previous forecast in the “mid-teens”. However, OneSavings’ shares fell almost 3
percent with markets focusing on the company’s warning about the potential
effect of Britain’s exit from the European Union. Chief Executive Andy Golding
told Reuters “If you look at the overall buy-to-let market, it is definitely
shrinking.” Read more on the Reuters website.
‘Sham tribunal’: one family’s battle with Louisiana’s ‘feudal’ eviction
courts
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In rural Louisiana, eviction hearings are held at kitchen tables and other
unorthodox venues – and many justices have little legal training
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