Action on arrears is needed urgently

There appears finally to be a plan coming together to deal with the mortgage crisis.

There appears finally to be a plan coming together to deal with the mortgage crisis. As we report today, specific targets are to be set for cases to be dealt with by the banks. We are promised that the most damaging overhang of the bubble period will finally be dealt with.

After all the talk of recent years, it is tempting to be cynical and wonder whether the banks will now start to ...