UK home repossessions rise to most in 12 years (Gulf Times)
UK home repossessions rise to most in 12 years (Gulf Times)
LONDON: UK home repossessions rose to the highest since 1996 last year and may almost double in the next 12 months as Britain’s recession deepens, the Council of Mortgage Lenders said.
Five-point plan for big fat bonuses
February 21, 2009 – 9:56 am lFrom Pia Holm. I WOULD like to add my own comments to the article ‘Action group plan for cheaper mortgages’ of 11 February and congratulate Joe Castellino for his commendable proactive approach.Jersey Home Loans have in my opinion misled customers when they sold them a variable mortgage. It is entirely reasonable for customers to assume that rates would move in line with market indices, hence the word variable. Every mortgage provider in Jersey, and indeed the UK, ha
Sins of the Fathers
by John Needham, The Daniel Code Report | February 23, 2009 Print Linear thought is simple. We all get 2+2 = 4. What is not so simple is to reach the right answer when variables are involved. Hence to solve 2+X =Y requires assumptions, cognizance and eventually recognition. Nelson’s genius enabled him to measure truly the consequences of any decision. That genius worked on precise practical data…He felt he knew what would happen in a fleet action. Jellicoe did not know. Nobody knew…. Wins