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News
Northern Rock fuels bad debt fears (Daily Telegraph)
Northern Rock, Britain's fifth largest mortgage lender, raised fears about a new surge in bad debts after reporting a 67pc jump in provisions for unsecured loans and a doubling in the number of home repossessions at its half-year results yesterday
HSBC to admit bad debt crisis is getting worse (Guardian Unlimited)
The City is bracing itself for more bad news on bad debts from HSBC when it announces its half-year results.
Got 2nd house? Can claim tax rebate (rediff.com)
It is difficult for an NRI to get a loan in India, says personal finance expert Harsh Roongta.
Alliance & Leicester's H1 profits rise 10 pct (Reuters.co.uk)
LONDON (Reuters) - Alliance & Leicester reported a 10 percent rise in underlying first-half profits on Friday, just ahead of expectations as it boosted its efficiency by attracting more Internet customers.
Alliance & Leicester's H1 profits rise 10 pct (Tiscali)
The bank said its costs as a percentage of income improved to 51.8 percent in the first half, from 54.8 percent a year earlier, as operating expenses held flat from a year ago while revenues grew.
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