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The Mortgage Mole

Virtuous Cycle Paul Merrigan, chief executive of Lifetime Group, is one week into an epic cycle marathon through Europe lasting nearly a month.

He is joined by former England rugby captain Lawrence Dallaglio and cricketing legend Andrew Flintoff. The group will ride through Greece, Italy, Switzerland and France before arriving in London on May 18. The ride, dubbed the Dallaglio Flintoff Cycle Slam 2012, aims to raise money for three charities – the Dallaglio Foundation, the AF Foundation and Virgin Unite.

To donate please visit www.virginmoneygiving.com/PaulMerrigan.

Gideon’s Darlings Banker bashing is becoming as much of a national pastime as moaning about the weather. Politicians have also weighed in, slamming bosses at Royal Bank of Scotland and Barclays.

But one bank is bucking the trend as the politicians’ favourite. Aldermore was cited in the March Budget by chancellor George Osborne as one of the banks that signed up to his credit easing scheme.

And deputy PM Nick Clegg is said to have highlighted the upstart as a dynamic new entrant in his speech at the recent Institute of Directors conference.

Maybe former RBS man Phillip Monks, chief executive of Aldermore, can advise his previous employer on how to woo politicians. Mole thinks they could do with the help.

No Arm In It The great and the good of the mortgage market gathered last week for HML’s second Connectability event at London’s Altitude 360 bar.

Two-time Olympian Dean Macey gave a motivational speech about never giving up. In fact, one attendee was so inspired, he challenged Macey to an arm wrestle, but unfortunately the mighty Macey proved too much for him.

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