Julian Polhill, chairman of financial PR consultancy Polhill, is plotting revenge.After hearing that PR Louise Hatch had quit Penrose, the Polhill girls emailed him saying that Hatch wanted him to call her and left him a number of one of the Polhill girls. Excited about the pros-pect of Hatch begging him for a job, Julian called the number. “Is that Louise?”, he asked. To which the girl replied “Yes.” Polhill said he was returning her call. At this point, the PR girl burst into hysterics, scuppering her attempts to pre-tend to beg for a job.
IFAs are being asked to voice their opinions on the future of the industry under new FSA regulations at a series of Origo workshops.
Mortgages Direct director Peter Gladdy says the finan-cial services arms of estate agent Spicerhaart will not be “bullied” into using mortgage lenders’ KFIs.
Up to 4 million people could benefit from an Inland Revenue initiative to encourage savers to claim tax back on their savings.
The FSA has appointed Tim Herrington as chairman of its regulatory decisions committee, which makes enforcement and authorisation decisions on financial services firms.
By Mike Riddell The moves in gilts in August were truly exceptional. Volatility in the gilt market (based off 10-year gilt futures) has soared to close to the highest levels seen this millennium, on a par with the eurozone debt crisis of 2011/12 and behind only the global financial crisis of 2008/09. The first distortion […]
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A long‑term strategy for the asset management industry will be published by the Government, it was announced in today’s Budget. The Investment Management Strategy 2 will ensure the industry “continues to thrive and deliver the best possible outcomes for investors and the UK economy,” the Autumn Budget policy paper says. The Government will work closely […]
The state of the UK economy with Brexit looming In 2017, growth is expected to come in at 1.5 per cent, falling to 1.4 per cent in 2018 Through 2019 and 2020, growth is set to fall again to 1.3 per cent, before picking up to 1.5 per cent in 2021 and then to 1.6 […]
Chancellor Philip Hammond has scrapped stamp duty for first-time buyers on properties worth up to £300,000. Speculation was rife in the media in the run up to the announcement that the tax would be scrapped altogether for FTBs to make home ownership more affordable for young people in the UK. The Chancellor has said that […]