Friday, 3 April 2009

B&B arrears up sharply

Bradford and Bingley's loan book is deteriorating dramatically.

At the end of 2008, almost 6 percent of their loan portfolio is three months in arrears. Those losses are no longer a private sector matter; the B&B belongs to the taxpayer. It will be the taxpayer that will have to cover these appalling losses.


Anonymous said...

Luverly, where do I pay?

Anonymous said...
This comment has been removed by a blog administrator.