The Council of Mortgage Lender’s credibility as a trade body took a major blow this week after its sensational admission that it is not an informed commentator on the sub-prime and non-conforming market.
House prices increased by 0.2 per cent in July following successive declines in May and June. The Halifax house price index adds that the strengthening UK economy and improving buyer confidence gave the housing market more momentum than expected in the first half of 2006.The lender has slightly increased its forecast for house price growth […]
Portman Building Society has announced a five per cent increase in assets to 18.7bn in its interim results to June 30 2006.The group’s savings balances increased by six per cent to 12bn with net inflows of 439m, compared with a net outflow for the same six month period in 2005.Profit before tax also increased by […]
By Kunal Desai, head of Indian equities, Neptune Since the election of Narendra Modi as prime minister in May 2014, Indian equities have gone on to outperform both developed and emerging markets. A busy period of governmental and economic reforms, a lower oil price and falling political risk have been the primary drivers over this […]
National IFA Chase de Vere has launched an online advice service for medical professionals. The new service will be called Chase de Vere Medical. The national advice firm already has around 75 advisers who specialise in the medical field. It has partnered with the British Medical Association since 2005. Chase de Vere Medical head Andrea […]
Given all the turmoil in politics, I want to look at Brexit this week. Parliament is so engrossed in this ongoing drama that other policy issues are being pushed aside. The prime minister’s Chequers cabinet awayday produced a framework on which negotiations with the EU might be based, with proposals that would acknowledge the needs […]
The FCA has been criticised by the Complaints Commissioner for a lack of empathy and openness, which it attributes to the regulator’s “attitudinal problems”. The Complaints Commissioner 2017/18 annual report says the FCA needs to tackle problems with “defensiveness, lack of candour, and lack of empathy”. The report says while only a small proportion of […]