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Darling and Flint to meet lenders

Chancellor Alistair Darling and housing minister Caroline Flint are thought to be meeting lenders today to address the issue of struggling borrowers.

Media reports suggest Darling will seek help from lenders in developing a plan to prevent repossessions skyrocketing in the coming months as borrowers come off cheap 2-year rates and face payment shock.

This comes on the back of a £50bn Special Liquidity Scheme unveiled yesterday by the Bank of England that will allow lenders to swap high quality residential mortgage-backed securities for Treasury bills.


Don’t cut corners when disclosing fees

Sometimes the temptation to break the rules can be too strong and we surrender to temptation. I’m not just talking about breaching the speed limit or bringing more booze than we should through customs – I’m referring to ignoring laws that govern the way firms do business.

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Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.


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