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I remember old-school staff motivation techniques at B&B

From Peter Robinson

I have been following the recent debate in your pages on staff motivation with interest and have been pleased to note the general theme of emphasising positive motivation.

This is a far cry from my sales days in Bradford & Bingley where the carrot and stick approach was widely used – hit ’em with the stick, if that doesn’t work, hit ’em with the carrot.


Rent rises accelerate

Residential rents have picked up at their fastest pace in four years, figures from the Royal Institution for Chartered Surveyors reveal. Tenant demand for rented property continued to rise in the quarter prior to July, having held firm over the previous quarter. Demand is strongest for flats. Levels of new available rented property picked up […]

Industry unsurprised by rate hold

Industry pundits says that today’s rate hold came as ” surprise.”Duncan Pownall, mortgage development manager for Bradford & Bingley, says: “Even though the MPC cut base rate last month, only five out of the nine policymakers,excluding Mervyn King, voted for the reduction. “Indeed with the jump in the inflation rate, rising oil prices and signs […]

It’s time for a sourcing system that offers recompense for mistakes

From Gary Williams I am the victim of an incorrect KFI generated by a well known sourcing system. I sourced a product for my client and the KFI indicated a partial refund on the valuation fee. As this lender does refund valuation fees on certain products and the generation of KFIs on its website is […]

Katrina ripples will affect base rate

National Australia Bank is predicting that the Bank of England’s Monetary Policy Committee will opt to ‘wait and see’ when it comes to September’s base rate decision. The bank cites the devastation caused by Hurricane Katrina in New Orleans as a factor that will push up oil prices and says this will be one reason […]


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