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Known quantity

The turbulence in the mortgage market has been very much about the known unknowns – what is the real liability of the banks to debt instruments?, how many mortgage holders are finding difficulty servicing their debts?, how many will find their repayment commitments a strain? Until we know the truth on these issues, much of the rest remains speculation.

Towergate buys Glasgow firm

Towergate has bought Glasgow insurance broker and financial advice firm MacDonald Reid Scott Group.

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