Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Graeme Wearden

German economy shrinks; UK remortgaging lowest since 1999; window firm Safestyle enters administration – business live

The skyline of Berlin, with the Berlin Cathedral and the TV Tower.
The skyline of Berlin, with the Berlin Cathedral and the TV Tower. Photograph: David Heerde/REX/Shutterstock

Closing post

Time to wrap up – here’s today’s main stories:

Door and window seller Safestyle has fallen into administration, with the loss of around 680 jobs.

Germany has dropped halfway into recession, after GDP shrank by 0.1% in the last quarter.

UK mortgage approvals have fallen, as high interest rates hit demand for home loans.

Britain’s FTSE 100 has rebounded today, after hitting its lowest level since August on Friday.

The blue-chip share index is up 41 points, or 0.57%, at 7332 points.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.