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Last week’s winner

LAST WEEK’S WINNER
ROB FALCONER

“Like dinosaurs, cheques died out because they became just too damned big.”

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Keith Carby joins Metro Bank

Former Openwork chief executive Keith Carby has been appointed as a non-executive director of Metro Bank.

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Platform has launched a range of two-year fixed rates starting at 3.44%. It has also doubled the number of brokers the deals are available to from five to 10.

Net lending is up at Woolwich but gross figures fall

Woolwich increased its net mort-gage lending by £5.7bn in 2009, but its gross lending fell by £8bn, its annual results revealed last week. It saw new mortgage lending rise by £5.7bn to £88bn in 2009, compared to £82.3bn in 2008. Gross new mortgage lending was down to £14.2bn in 2009, from £22.9bn in 2008. Barclays […]

Broker banned for false applications

The Financial Services Authority has banned a London-based broker for submitting false applications. Walthamstow mortgage broker Kevin Byrne lacked the integrity and competence to prevent his business being targeted by fraudsters, according to the regulator. An investigation by the FSA revealed that Byrne accepted mortgage referrals from an introducer but failed to undertake due diligence […]

The return of inflation

Alex Ralph, manager of the Artemis High Income Fund, sees further pressure on government bonds as inflationary pressures build on both sides of the Atlantic.

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