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Tories pledge to extend Right to Buy

Prime Minister David Cameron will announce today that a Conservative government would extend the Right to Buy programme to 1.3m housing association tenants. Some 500,000 housing association tenants can currently purchase their homes under the existing “Right to Acquire” scheme. The Conservatives would also raise the discount offered to housing association tenants to match the […]

Lloyds profits fall as it takes £660m hit on TSB sale

Lloyds Banking Group has reported an 11 per cent fall in pre-tax profit for the first quarter of the year, after making a £660m loss on the sale of TSB. The bank’s Q1 results, published today, show it made a £1.2bn profit in the first three months of the year, down from £1.4bn in the […]

The Investment Clock: Summer – the perfect time for a dip!

The rally in equities that began following the January 2016 China-devaluation shock has proved to be one of the longest ever. As investors have quickly brushed the sand off political events such as Brexit, Donald Trump and the French election, equity indices have repeatedly registered new record high watermarks. Meanwhile, the Investment Clock that guides […]

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