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NAB rumoured to close Yorkshire, merging it with Clydesdale

Speculation is NAB will also close its banks in Ireland and Ulster and shelve plans to expand in the South-East.

NAB is understood to be planning to relinquish Yorkshire&#39s licence to cut costs, and retreat to Glasgow, folding the English bank&#39s business into the Clydesdale.

It is thought that NAB chose Clydesdale over Yorkshire, after research revealed that it was a more powerfull brand.


Purely Mortgages and Lifequote agree deal

Purely Mortgages, which plans to launch to the general public soon, is aiming to take a significant share of the UK mortgage market within five years and sees providing customers with high quality, low cost life insurance products as key to meeting customers needs and expectations. The agreement will see LifeQuote taking responsibility for the delivery […]

Ward launches funding firm

Ward was chief executive of Britannic Money until it was bought by Paragon and rebranded Mortgage Trust last year. Ward set up Home Funding earlier this year with former Britannic Money finance director and deputy chief executive Paul Rogers. Part of the new firm&#39s role is to act as a link between investment bankers and […]

PlusOne restructures sales and support teams

The company offers general insurance white labelling and third party administration services to life companies, IFA networks and mortgage clubs, affinity groups and friendly societies. With immediate effect Rob Kleinberg will become client relations manager, having previously been customer service manager and Tony Mifsud will become sales and training manager, having previously been a regional […]

1.7 million homes at risk from flooding, warns RICS

It says that the effect of flooding risk on house prices is not solely related to the science-based predictions of researchers and government bodies, or even insurers, but more crucially linked to the perception of risk by locally based professionals and members of the public. The RICS report is based on the results of a […]

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Guide: Johnson Fleming’s managed auto-enrolment service for SMEs

Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.


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