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Base rate held at 5.25 per cent

The Bank of England has voted to keep interest rates on hold this month at 5.25 per cent.

Savills Private Finance says: “We welcome this decision but expect another rate rise, possibly as soon as next month, as retail sales remain strong and signs of the housing market cooling remain uncertain.”


Positive thinking

The Melchior UK opportunities fund was launched last May and has already risen by 30 per cent , ranking it second out of 327 funds in the UK all companies sector.The fund is run by Glen Pratt who, as many of you will know, was at Fidelity for over 10 years and ran the Fidelity […]

Brown’s foreign aid

Taxation: Simon Hildrey says there were some welcome benefits for overseas property investors in the Chancellor’s final Budget.

Pantheon board ponders new share issue proposal

The board of the multi-manager private equity investment trust Pantheon International Participations is considering proposals to issue new shares and will make its final decision at the end of the month.


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