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Credit lent plunges from levels seen in 2008

Total credit lent by Finance and Leasing Association members in February was £3.7bn – just 5% lower than in the same month last year but almost 30% lower than levels in February 2008.

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Dates for your DIARY…

MAY 5-6: Building SocietiesAssociation’s annual conference in Manchester The BSA must have cursed when Gordon Brown announced the date for the general election as May 6. Apart from who will win the election, regulation and funding will no doubt be top of the agenda. MAY 6: General electionWe’ve been waiting for it for a month, […]

Newcastle unveils fixed rate product

Newcastle Building Society has launched a two-year 5.95% fixed rate mortgage up to 90% LTV. The society’s new range also includes a three-year fixed rate at 4.80% available up to 80% LTV.

Partied out and penniless

December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]

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