Jump to content
House Price Crash Forum
Sign in to follow this  

Wheatcroft In Times, 29/7/5

Recommended Posts

"Eric Daniels, who is set on expanding the Lloyds TSB business organically in the UK market, is now adopting the motto “better the borrower you know”. With a 21 per cent rise in impairment losses in the retail banking business, he is now concentrating the bulk of new personal lending on existing customers. Investors are likely to forgive him for achieving only modest top-line growth if he can avoid a further build-up of consumer bad debts later in the year. "

I am getting the wiff of 'impending credit crunch'.

Share this post

Link to post
Share on other sites

People must be waking up to the fact that they will have to pay the debt off as due to low inflation it does not diminish quickly

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 336 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.