How to tame your property bubble

But that's the challenge officials took on Thursday in the face of mounting evidence of a property bubble in London and concerns that reckless lending could leave U.K. borrowers struggling when interest rates inevitably rise.

Goldman Sachs Deal Averted Osborne Embarrassment, Group Says

Goldman Sachs Group Inc. (GS) was able to avoid paying as much as 20 million pounds ($31 million) in U.K. taxes as the government fought to shield Chancellor of the Exchequer George Osborne from political embarrassment, an advocacy group said at a London trial.

Brevan Howard Paid Partners 270 Million Pounds Last Year

Brevan Howard Asset Management LLP paid its partners as much as 269.8 million pounds ($436 million) in the 12 months ended in March, more than double the amount it paid them a year earlier, after the hedge fund’s investment performance beat rivals.

U.K.’s $39 Billion Severn Tidal Power Seeks Sovereign Investors

The developers of a 25 billion-pound ($39 billion) plan to generate power from tides in the Severn Estuary are seeking investment from sovereign wealth funds, two years after the U.K. government rejected a previous proposal.

Middle East Funds Boost NBNK Hopes With Lloyds Bid-Newspaper

LONDON -(Dow Jones)- Middle East-based sovereign wealth funds including Qatar Holdings and Abu Dhabi-based Mubadala Development Company have held talks with NBNK, the U.K. bank bid vehicle which is trying to buy a package of 632 Lloyds Banking Group PLC (LLOY.LN) branches, the Sunday Telegraph reports without citing sources.