‘Net new mortgage lending is likely to fall to less than zero next year, according to a report commissioned by the Treasury from Sir James Crosby, the former chief executive of HBOS, owner of the Halifax.’ All this and more in Robert Peston’s (the BBC Business Editor’s) blog. There’s not much good news to be had there, but it’s always worth a read – and it does look like the Chancellor has a plan – of some kind – up his sleeve…
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