New Star chief economist Simon Ward says UK interbank data reveals the disappointing impact of the 50bn special liquidity scheme. Bank of England figures show interbank lending fell by 23m in April and May.
Woolwich is warning that it will take action against mortgage intermediaries who abuse its fast-track process. The lender says it will not hesitate to provide details to the FSA for investigation where necessary.
Annie Shaw is a freelance financial journalist The week started with a quick snifter with the journalists’ group my husband calls “the witches’ coven”, that I have been admonished for calling “the agony aunts” (not all are female) and which is in fact a group of senior freelance journalists, many, but not all, of whom are newspaper consumer champions, who like to chew the fat and put the world to rights once a month.
Amanda wrote recently about those clients who need a little tough love – the ones who arrive at your door knowing how much cover they want and why they want it. What they seldom know is how much cover they actually need, what type of cover they should choose and the range of benefits available in the market. […]
There are plenty of office parties and Christmas events going on at this time of year. But have no fear – you can still stay healthy while going out and enjoying yourself, with a little bit of planning!
Along with all the other firms that provide advice on defined benefit transfers, we received our questionnaire from the FCA about the quantity and nature of cases we have handled since 2015. By the time you read this, the deadline for its return will have passed and those under scrutiny will have breathed a collective […]