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In The Long Run

Beset by knee problems while training for the London Marathon, e-Conveyancer’s Vanessa Blount (pictured) confessed to Mole last week that she was beginning to lose the plot as the big day drew near.

“The blood must have gone to my feet,” she told Mole on Friday.

Well, it all paid off for the ace sales and marketing director. Despite the cold wind, rain and madding crowds Blounty completed the course in a res-pectable four and a half hours, raising a whopping £6,000 for charity.

“I passed the Masai warriors and the 110 year old who seemed to grow younger by the mile, but averted my eyes from the guy in the mankini so I can’t tell you if he was shivering or not,” she confessed.

The redoubtable Blounty is now keen to better her time and has already started training for the Berlin Marathon in September. Hard core.


The Bank of England special liquidity scheme in detail

Under the Bank of England scheme, announced on 21 April, to ease the credit crisis, banks can, for a period, swap illiquid assets of sufficiently high quality for Treasury Bills. Responsibility for losses on their loans, however, stays with the banks. By tackling the overhang of assets in this way, the scheme aims to improve the liquidity position of the banking system and increase confidence in financial markets.

Mortgage approvals drop 18% in March

New mortgage approvals for house purchase dropped 18% in March compared to February, says the British Bankers’ Association.

India budget: BJP focuses on growth

By Kunal Desai, Head of Indian Equities

With markets kept open on Saturday, finance minister Arun Jaitley delivered a promising budget focused on growth and decentralisation. While many complained about a six-day working week, there was much to be pleased about and the markets rallied in the afternoon to finish in the green.


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