Financial Times FT.com

B&B slumps to a loss as arrears surge

By Jane Croft and Lina Saigol in London

Published: August 29 2008 08:12 | Last updated: August 29 2008 20:21

The lender, which specialises in buy-to-let mortgages, warned arrears would continue to rise as it slumped to a loss after a ‘very challenging’ first half

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