Bank of Ireland cuts back UK mortgages and axes 600 jobs (Guardian Unlimited)
 |
The collapsing British housing market was dealt a further blow yesterday after the Bank of Ireland said it was dramatically scaling back its UK mortgage operation, with the loss of at least 600 jobs. The bank, which has more than £29bn invested in British mortgages, also said it was closing down its Bristol & West brand, which has offered loans and savings in the UK since 1851. Two Bank …
