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Nic Cicutti: Reflecting on Steve Webb’s legacy

Now that the general election dust is slowly beginning to settle, there is a departing minister whom I want, perhaps surprisingly, to pay tribute to – and another person I would like to welcome into her new role in Government. The person I want to offer praise to is Steve Webb, who lost his north […]

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UK GDP up to 0.4% in April

UK GDP grew by 0.4 per cent in the three months to April compared to 0.3 per cent growth in the three months ending in March 2015, according to the National Institute of Economic and Social Research. The think-tank says it expects “the slight softening” of GDP growth experienced in the first quarter of this […]

Lenders in talks with tech providers on individual broker validation

Lenders are in talks with technology providers to develop a solution where they can evaluate brokers on an individual basis. Presently, lenders have information at a firm level but sources say a group of lenders has started talks to find a way of validating individual brokers. It is thought the lenders, the identities of which are […]

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Has the remortgage market woken from its slumber?

The remortgage market slump showed signs of ending in March as the number of loans advanced to borrowers increased year-on-year for the first time in 11 months. According to the Council of Mortgage Lenders, there were 26,600 loans to remortgage borrowers in March, up 6 per cent on March 2014’s 25,200. This was the first […]

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The UK equity income landscape has changed

Robin Geffen, Fund Manager & CEO, Neptune Since the Investment Association lowered the yield hurdle for funds in the IA UK Equity Income sector in March 2017, the number of funds yielding 110% of the market has almost halved. With inflation rising and many income funds exposing investors to stock-specific risks, are your income funds […]

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