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Skipton BS withdraws SVR

Skipton Building Society is withdrawing its standard variable rate for new business with immediate effect.

In an email to brokers it says that only paper based applications will be accepted and must be with the Mortgage Service Centre in Skipton by close of business today.

It says that brokers should use guaranteed next day delivery as cases received after this time will be returned.


Dodging torpedoes

Investment flows are undoubtedly polarised at the moment. Some investors are seeking high potential returns through emerging markets, specialist funds and singlecountry funds such as India and Russia. Others are seeking the safe haven of cash or more recently bonds. The latter, as I have mentioned before, look good value.

1.4M loss for Nucleus

Nucleus Financial Group made a 1.4m loss in its first full year of trading to December 31, 2007. The firm says it is still on target to break even by the end of this year and aims to be in profit during 2009.

State of the markets: global growth

In conversation with journalist Alexis Xydias, Artemis Global Growth Fund manager Peter Saacke discusses the state of global markets and how he is positioning his fund. Peter gives his views on the growth potential of US, Europe and emerging markets, each of which is on a different stage of the road to recovery. And with a […]


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