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Buy-to-let boom turns to nightmare as repossession hotspots are revealed
[15 mins][Birmingham]
To Let signs adorn houses in the Selly Oak area of Birmingham on November 21, 2007 in Birmingham, England. Buy-To-Let mortgage provider Paragon suffered further share price set backs today as its funding difficuties sent the stock tumbling a further 21%. The mortgage group's shares have lost more than half their value since news it may have to turn to shareholders for emergency funding and could close to new business if it cannot secure new credit. (Photo by Christopher Furlong/Getty Images)
13.3billion loss threat could see collapse of banking giant
[43 mins]
Banking giant Citigroup could collapse under a wave of sub-prime losses totalling 13.3billion, financial experts warned today.

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