Shares in British Airways parent International Airlines Group (IAG) fell on Monday morning after the president of troubled Spanish lender Bankia said the bank would sell assets to raise much needed funds.
Bankia has a 12% holding in IAG following a bailout of Caja Madrid, a main stakeholder in Iberia before it merged with BA to form IAG.
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Nationwide: House prices see biggest monthly fall in over two yearsUK house prices dropped by 0.8% in June, according to Nationwide. We reveal the top-performing and worst-performing regions
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Portfolio landlords could save £8,500 by remortgaging – or risk costs soaring by £23,000Buy-to-let landlords with multiple properties could save thousands by taking advantage of this year’s lower mortgage rates, but failing to refinance could see them hit with a £23,000 bill.
