New mortgage gloom at L&G - 2004-02-27
Insurer Legal & General added to policyholder misery by slashing bonus rates and warning that 75% of people who had purchased an endowment* from the company may face a mortgage shortfall.

Annual bonuses paid on conventional endowment policies are being cut to 0.75% and 1.25% from 1% and 1.75% the previous year.
Read the full story at This Is Money

Hit and miss for the big mortgage finance guns - 2004-02-27
Banking and insurance heavyweights dominated the corporate news space this week with Edinburgh-based HBoS - the combination of Bank of Scotland and the Halifax - taking the limelight.

Britain’s biggest mortgage lender revealed a 29 per cent jump in 2003 profits to £3.77 billion as low interest rates and more business banking stoked lending.
Read the full story at Edinburgh Evening News