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Old 25-09-2008, 07:06 PM
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Post Bradford & Bingley reins in mortgage lending

The troubled mortgage lender Bradford & Bingley is to close its mortgage processing centre in Borehamwood, with the loss of 300 jobs. The group is also planning to cut back its sales team. As part of its plans to make annual savings of £15m by reducing its mortgage lending, the jobs of the company’s 50 remaining [...]

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