With the news a few days ago that Britain’s second largest lender, Abbey would be lending up to five times income for some borrowers, one is reminded that crazy things happen to sane institutions before a fall. Many at the moment do not dispute that the UK housing market is in a dangerous state...
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It seems that the vultures are beginning to circle around the Bank of England. As we reported in our previous article, Institute of Directors have outlined that their own report points to increases in bank rates needed. Adding more fuel to the fire comes a report from BDO Stoy Hayward outlined in BN that...
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