P.S A further scrap of info to ponder.....
Mrs Flying Squid was at a charity dinner last night and ended up chatting to another guy on her table who worked for HSBC.....turns out he's the man the organises CTC's loans (not Cabair's or Oxford's) and according to him the PSL scheme has a £50 million budget which has been cut completely for a minimum of 5 years. So....no more PSL's for a while! HSBC have clearly lost their confidence in the industry aswell!