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Nationwide slashes 43 firms from commercial lending panel

Not sure what Christiano is on about but, not sure how any organisation is supposed to manage a panel of 60 firms and give them all work in this climate, no matter how big it is. I think all the banks and building societies are looking to drive costs down and get a better service. Days of hourly rates are numbered (does anyone still charge hourly rates??), which in my view just hide inefficiency!!

22-Oct-2010

4:35 pm