Norwich & Peterborough (N&P) has pledged to "pursue the value" in Lifemark bonds when it swaps compensation for investors' rights and becomes one of the largest individual investors in the fund.
The building society has set aside £57m to pay compensation to all 3,200 customers to whom it sold Lifemark-backed Keydata products, in return for ownership of their rights in the investment. N&P will...
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Industry Voice: One of the most serious problems with GDP is that it fails to measure the impact of economic growth on the planet's finite environmental resources. As economist Kenneth Boulding once put it: "Anyone who believes that exponential growth...