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Banks say Brexit has not hit mortgage borrowing

Brexit has not hit mortgage borrowing demand, according to figures from the British Bankers’ Association. Gross mortgage borrowing this month is at £12.6bn, up by 6 per cent compared to July 2015. Net mortgage borrowing is also 3 per cent higher than last year. Approval of home purchases is down 19 per cent from July […]

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Nic Cicutti: The pensions boycott is well founded

Two friends and their kids came to stay with us this bank holiday weekend. Amid the laughter, good food and even better wine, my friends let drop that they have several tens of thousands of pounds’ worth of modern art lying under their bed. Why under the bed, I asked? Is art not something that […]

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Lloyds sues property investors for £4m

Lloyds Bank is suing property investors West Ten Properties (UK) for £4.3m over unpaid debt, according to papers filed at the High Court. Lloyds signed two loan facility deals with West Ten in January 2009, according to court papers filed in early August and recently made public. The first was for a maximum of £500,000, […]

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The future of advice is already here

In grappling with new technology, there is quite a lot of jargon to get to grips with: taxonomy, emotion recognition and dynamic segmentation are just some examples I have come across over recent weeks. But behind the buzzwords are ideas that could radically change the way advice is given. For example, who wants to sit […]

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