View more on these topics

Seasonally adjusted building society advances up

Building society gross advances fell by 8 per cent in January, to £1.88bn from £2.04bn in December 2000.

But the seasonally adjusted figure of £2.38bn was the highest monthly figure since June 1997, according to statistics from the Building Societies Association.

The seasonally adjusted figure for new money attracted as savings was the highest for three years at £1.06bn.

Building Societies Association director-general Adrian Coles says: “A number of customers phones the BSA to say that, following Bradford & Bingley&#39s conversion to a bank, they want to put their money back with a mutual.”

Recommended

Be whiter than white to prevent laundering

The international financial environment is in a state of flux. Powerful global forces are at work, ushering in a harsh new climate and dramatically reshaping the landscape. Well-known landmarks are being obscured and well trodden paths are constantly shifting. Is there a safe way that professionals can guide themselves and their clients thr-ough this unfamiliar […]

L&C speeds up mortgages

IFA London & Country has teamed up with software specialist Dunstan Thomas to develop a bespoke mortgage processing system aimed at speeding up the sales process. L&C says the system cuts down on paperwork and allows it to make more extensive use of its customer database. All the paper-based processes are to be automated, which […]

University peaks for Venture Technologies

Venture Technologies has introduced the academic research partners venture capital trust (VCT) which aims to produce capital growth by investing in technology developed by four UK universities.This VCT will concentrate on innovations in information technology, communications and advanced engineering that emerge from the research departments of Bristol University, Southampton University, University College London and Imperial […]

Dresdner RCM goes gold with four for Isas

Dresdner RCM Global Investors is pushing four of its most popular funds with a marketing campaign for the Isa season. The UK Gold Isa campaign includes roadshows, posters, press and internet advertising and branded taxis. It is promoting Dresdner&#39s UK growth, equity income, mid-cap and smaller companies funds. A series of roadshows by Dresdner&#39s UK […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment