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506 – the number of pages in the Council of Mortgage Lenders’ response to the Financial Services Authority’s Responsible Lending Paper.

200 – the number of responses the FSA had to the paper, according to Sheila Nicoll, director of conduct policy at the regulator.

£21.5bn – the amount British adults have collectively spent on weekend breaks in the past 12 months, according to Santander.

£137bn – the amount of gross lending CML chairman Matthew Wyles estimates the industry has done in 2010. £43- the cost of impulse buying each week, according to First Direct. Buying meals from pricey convenience stores and filling up the car at the first petrol station we come to are to blame. 82% – the number of people who try to return unwanted gifts and have trouble getting a refund, says Which?

£10.3bn – the amount the UK borrowed to plug the gap in public finances in October. 9,000- The amount by which the number of people
unemployed fell in the three months to September, according to the Office for National Statistics.



More lenders must evolve to compete

I don’t think anyone was surprised to see Barclays’ fantastic lending results which were released recently, with it doing £20.6bn in the first nine months of the year. When I look at our spread of mortgage business for 2010, Woolwich has taken a huge chunk of our business and this is down to its offset […]


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