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Banks share pain of the property crisis

Language: English Series: Independent ; 2 April 1992, 29 | Times ; 3 April 1992, 25 | Estates Gazette ; (9212) 28 March 1992 64 | Independent on Sunday ; 5 April 1992, 4(4)Publication details: 1992Subject(s): Summary: Banks are incurring huge losses as the fall in property values reduces the value of investments, a process which has also led to £40bn of bad debt in the building industry. The effect on values of the proposed contaminated land registers is also considered.
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News article London News article WB2815-19 (Browse shelf(Opens below)) 1 Available 73167-1001

Banks are incurring huge losses as the fall in property values reduces the value of investments, a process which has also led to £40bn of bad debt in the building industry. The effect on values of the proposed contaminated land registers is also considered.