Heroes of the week are Barclays and the Royal Bank of Scotland, both of which significantly increased their gross lending volumes. RBS has increased its lending by 8% in Q3 and Barclays lent £20.6bn in the first nine months of the year. Also, Abbey lent £19.2bn in the first nine months. It is great to see them all lending more.
Villain of the week is Halifax. I can’t believe how cringingly bad its television advertisements with the Halifax radio station are. Playing tunes like ISA ISA baby – poor Vanilla Ice – this is one station you would never choose to tune into. I can’t imagine why anyone would want to be a customer of Halifax after hearing the ad.