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CML dinner is a drum do

The Council of Mortgage Lenders certainly knows how to drum up support.

The Diary hears that chief executives of all the major UK lenders joined in the latest corporate bonding event with a will at the CML&#39s annual dinner.

Chief execs were handed a length of piping and a drumstick and asked to join in what can only be described as a tribal ritual, which concluded with a animalistic grunt from all concerned. The resulting cacophony was shown on BBC2&#39s Newsnight at the end of a report on, yawn, long-term mortgages and provoked a look of horror from Jeremy Paxman.

Step aside, musicians from Stomp, the mortgage lenders have arrived.

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