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S&P downgrades its outlook for Clydesdale

Standard & Poor’s has revised its outlook on Clydesdale Bank from stable to negative.


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Alliance & Leicester reduces rates

Alliance & Leicester is reducing its rates by up to 0.2% and the fees by £300 on its two, three and five-year fixed rates from today.

UKFI face wrath of Treasury Select Committee

The Treasury Select Committee has slammed the men in charge of UK Financial Investments for failing to prepare for today’s hearing into the banking crisis.

Sub-prime arrears hit record high in Q4

Arrears on sub-prime mortgage loans in the UK hit a record high of 28.6% for Q4 last year, research from Standard & Poor’s shows.

Marketwatch 02/03/2009

Swaps didn’t move a great deal last week. There was a small increase for longer term money and a small decrease for shorter term money. Three-month LIBOR is now 2.06%. 1-year money is down 0.04% at 1.88%. 2-year money is up 0.01% at 2.24%. 3-year money is unchanged at 2.53%. 5-year money is up 0.01% at 3.02%

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White paper — Singapore International Insights

Jelf Employee Benefits assesses key trends within the international private medical insurance provision of organisations with employees in Singapore. Benefit structure, cost management and healthcare facilities are examined and key considerations are highlighted. This edition will be of particular interest to global human resource directors and benefit managers with local and expatriate populations in Singapore.