View more on these topics

ONS to issue &#39European&#39 pink book

The latest edition of the &#39pink book&#39 will reflect the European style changes made to the UK&#39s system of calculating balance of payment figures

There will be three main changes to this years figures published by the Office for National Statistics.

Figures will be split by broad type of business, the net cash flow will be offset by an estimated amount paid by UK importers to foreign insurers on goods being imported and include pension funds within life insurance figures.

The changes are a result of the introduction of the new &#39European System of Accounts&#39 which will make international comparisons of national accounts more meaningful.


Nationwide cuts rates immediately on base rate announcement

Nationwide is responding immediately to the latest cut in base rates by dropping its standard variable rate mortgage by 0.5 per cent .The lender says the reduction to 7.7 per cent will save both new and existing borrowers with a £60,000 interest only mortgage decreasing by £23.74 per month.It says the cut will ensure its […]

IFAs now split on mortgage market prospects

IFAs are now split over the short-term prospects for the mortgage market following months of upbeat assessments.Bank of Ireland Mortgages surveyed over 100 brokers and found that 43 per cent believe that the market will contract over the next three months. This compares with 20 per cent in June and just 3 per cent in […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment