TITLE

Amber consults 27 staff as it shuns new business

AUTHOR(S)
Stavro-Beauchamp, Laura
PUB. DATE
March 2008
SOURCE
Mortgage Strategy;3/10/2008, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Great Britain-based Amber Homeloans launched a consultation process with 27 of its workers following its decision to stop writing new business and sell excess business to other lenders. The move, which is hoped to lead the staff's redeployment in Amber's parent company Skipton Group, is a result of the firm's back book exceeding its £1 billion lending cap.
ACCESSION #
31401706

 

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