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Let’s try for common sense on interest-only

After Santander slashed its interest-only LTV and Lloyds Banking Group made changes to interest-only repayment vehicles, I am left wondering if the pendulum has swung too far the other way. These moves will affect brokers who rely on interest-only sales but I am unsure whether this is what the regulator envisaged when it urged caution […]

What the huge rebound in sterling means for the UK's inflation outlook

The world’s strongest currency in November was not the US dollar, despite the greenback rallying 3.5% against the euro, 8.7% against the Japanese yen and over 8.6% versus the Mexican peso and the Turkish lira up to yesterday’s close. The strongest currency last month was sterling, which had strengthened 2.2% versus even the mighty US […]

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