From 1st July the Council of Mortgage Lenders is integrated into a new trade association, UK Finance. For the time being, all UKF mortgage information will continue to be published on this website, and UKF member-only mortgage information will only be available here.

UK Finance represents around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation takes on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association. Please go to www.ukfinance.org.uk for wider content and updates from UK Finance.

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Corbyn completes frontbench reshuffle

Week in Westminster

Published: 14 October 2016 | Author: Michelle Vosper

Labour leader Jeremy Corbyn has made further appointments in his reshuffle. John Healey has been reinstated as shadow housing minister, with Teresa Pearce promoted to cover the shadow communities secretary role (in place of Grahame Morris who is on leave). Roberta Blackman-Woods has been appointed junior shadow minister for housing. John McDonnell remains shadow chancellor and Jonathon Reynolds has been appointed as shadow economic secretary to the Treasury and City minister.

HSBC chief European economist Karen Ward has been appointed special adviser to chancellor Philip Hammond.

The Neighbourhood Planning Bill had it's second reading debate in the Commons. During the debate, communities secretary Sajid Javid sought to reassure MPs that proposals to privatise the Land Registry, expected within this legislation, would not be introduced into the Bill “in any shape or form” at a later date. Mr Javid said the government would make a decision on this issue at some future date.

Responding to a debate on affordable housing, CLG minister Lord Bourne of Aberystwyth told peers that the government recognises the need to provide new homes across a range of different tenures, though it still views home ownership as central to its housing policy priorities.

In her opening address to SNP conference, first minister Nicola Sturgeon said that she will push for a second independence referendum if the government continues heading towards a ‘hard Brexit’. A draft bill setting out a blueprint for a second referendum will be published next week.

Also at the SNP conference yesterday, MP Angus Robertson was elected deputy leader of the party.

And Edinburgh Evening News associate editor Gina Davidson has been appointed policy director for Scottish Labour.