Topic filter : Broker

Most trending topics in Business & Finance ( last 24 hours ):
Technology Lawsuit Stake Scandal Blunder Uber Sainsbury Legal Action Profit Asset Management Savings Tesco Call Centre Gold Property Market House Price Second Quarter Nationwide Pension Watchdog Department Store Philip Green Google Tech Firm Mark Carney Hedge Fund Lender Loss Investor Co-op Public Finance EE Broadband BT Complaint Bank Of England UK Economy Foreign Exchange Interest Rate Economy Pound

Socially Most Trending News

....”. Mark Harris, chief executive of mortgage broker SPF Private Clients, said it was no surprise that buy-to-let lending had been subdued, as the sector was still coming to terms with various changes, such as the reduction in mortgage interest tax relief, tougher lender criteria and the 3% hike in stamp duty that took effect in April 2016. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 05:45:48 PM
Total Trend count
28
Most trending on :
22 6
....Transferring money abroad using a high-street bank can see you losing out - potentially leaving you thousands worse off if you’re transferring the kind of sum that would buy a house. Shop around for the best rates; leading currency brokers can offer competitive exchange rates that make your money go further, all without transfer fees. ... [Read full article on Daily Express ]
Tuesday 27th of June 2017 04:53:00 PM
Total Trend count
2
Most trending on :
1 1
.... . Mark Harris, chief executive of mortgage broker SPF Private Clients, said homeowners with cash that is attracting near-zero interest in the bank might consider using that to pay down the capital: “But do not use cash you may need later, keep some in reserve for an emergency. ... [Read full article on Daily Express ]
Tuesday 27th of June 2017 04:16:00 PM
Total Trend count
1
Most trending on :
1

Latest Finance News related to Broker

House prices BOUNCE BACK amid election and Brexit - but London growth worst since 2012 image
....4 per cent. Mark Harris, chief executive of mortgage broker SPF Private Clients, says: "With prices in London spiralling out of control, and the market now entering a period of correction, buyers are looking outside the capital either for investment properties or to live and commute from. ...
Older homeowners forced to sell properties to clear debt on mortgages image
Source : Daily Express [Read Article] Wednesday 28th of June 2017 08:25:00 AM
....Specialist lender Hodge has an interest-only mortgage for those aged 55 and over that can run to age 95, Hollingworth added. Mark Harris, chief executive of mortgage broker SPF Private Clients, said homeowners with cash that is attracting near-zero interest in the bank might consider using that to pay down the capital: “But do not use cash you may need later, keep some in reserve for an emergency. ...
Have you factored in these costs of moving abroad? image
Source : Daily Express [Read Article] Tuesday 27th of June 2017 04:53:00 PM
....Transferring money abroad using a high-street bank can see you losing out - potentially leaving you thousands worse off if you’re transferring the kind of sum that would buy a house. Shop around for the best rates; leading currency brokers can offer competitive exchange rates that make your money go further, all without transfer fees. ...
Endowment plan: Need-to-know advice on interest-only mortgage repayment problems image
.... . Mark Harris, chief executive of mortgage broker SPF Private Clients, said homeowners with cash that is attracting near-zero interest in the bank might consider using that to pay down the capital: “But do not use cash you may need later, keep some in reserve for an emergency. ...
Buy-to-let UK property sales fall by almost 50% in a year image
Source : Guardian [Read Article] Thursday 22nd of June 2017 05:45:48 PM
....”. Mark Harris, chief executive of mortgage broker SPF Private Clients, said it was no surprise that buy-to-let lending had been subdued, as the sector was still coming to terms with various changes, such as the reduction in mortgage interest tax relief, tougher lender criteria and the 3% hike in stamp duty that took effect in April 2016. ...
Buying my own place was an impossible dream – here’s how it came true image
.... It didn’t look promising. I contacted mortgage broker Sam Cox, a consultant at IFA firm Whichers, on the recommendation of a friend and explained my situation: I had a deposit of £23,500, which included £10,000 from my parents (though I could have just about bought the property without this top-up) and a few thousand from my help-to-buy Isa (I can’t recommend using one of these enough – start now). ...
Greek bailout funds on the cards as creditors narrow differences image
Source : Guardian [Read Article] Thursday 15th of June 2017 05:25:49 PM
....After months of dispute, the IMF director, Christine Lagarde, suggested last week the fund could get involved “in principle” but would not pledge any of its own money until the end of the current bailout programme in 2018. The IMF contribution to Greek bailout coffers is expected to be limited, but European governments see the IMF as a tough broker that will push Athens for reforms and lend the country’s bailout electoral credibility. ...
Britain looks set for a politically hot summer but what is the future for your finances? image
....He tips investment funds Newton Asian Income, Liontrust Asia Income and Jupiter India, for those willing to invest further afield. Mark Taylor, chief executive officer at online stockbrokers SelfTrade. ...
Germany fears big losses over tax scandal image
Source : BBC [Read Article] Thursday 8th of June 2017 11:14:16 PM
....It is reckoned to be the biggest tax scandal in German post-war history. An international group of bankers, lawyers and stockbrokers - reportedly with links to the City of London - appears to have fiddled the tax system, employing practices which were at best unethical, at worst illegal. ...
Adnan Khashoggi: Saudi billionaire arms dealer dies aged 82 image
Source : BBC [Read Article] Tuesday 6th of June 2017 06:37:25 PM
....His family said in statement that he died peacefully while being treated for Parkinson's disease. Mr Khashoggi became one of the world's richest men in the 1970s and '80s by brokering international arms deals. ...
WPP needs a big name to follow Sir Martin Sorrell image
Source : Guardian [Read Article] Sunday 4th of June 2017 06:00:16 AM
....All of which means succession has now superseded pay as the main issue facing the company. Patric Johnson, the boss of City broker Panmure Gordon, reckons life for small City brokers like his is tougher than it’s been since before Big Bang. ...
Disappointing US jobs figures knock markets off peak image
Source : Guardian [Read Article] Friday 2nd of June 2017 05:47:06 PM
Fresh bid to oust Unite union boss Len McCluskey image
Source : BBC [Read Article] Friday 2nd of June 2017 04:59:05 AM
....A spokeswoman for Unite said its members would be deeply disappointed by the timing of the announcement. Mr Coyne's complaint is a challenge to one of Labour's most important power brokers days before the general election. ...
Nomura admits part in Goldman Venezuelan bond deal image
Source : BBC [Read Article] Thursday 1st of June 2017 08:32:58 AM
....Reuters reported that Nomura said its purchase had cost $30m. Goldman said its asset-management arm acquired the bonds "on the secondary market from a broker and did not interact with the Venezuelan government". ...
Is a 10% deposit enough to get a mortgage on a new-build house? image
Source : Guardian [Read Article] Thursday 1st of June 2017 06:00:47 AM
....But you are right to think you have a limited choice of lenders when it comes to getting a 90% mortgage on a new-build property, as most won’t lend more than 85% of the value of a new-build house and offer only 75% on a new-build flat. Because of the limited number of lenders, it makes sense to use a mortgage broker such as London & Country or Capital Fortune, both of which have access to special new-build mortgage deals. ...
Goldman Sachs condemned for buoying Venezuela with $2.8bn bond purchase image
....Late on Monday, the bank confirmed the deal – if not the details. “We bought these bonds, which were issued in 2014, on the secondary market from a broker and did not interact with the Venezuelan government,” Goldman wrote in a statement. ...
Frankie & Benny's owner sees shares jump image
Source : BBC [Read Article] Friday 26th of May 2017 09:58:18 AM
.... . In a note from analysts, brokers Liberum said the update would "reassure the market". ...
Retailers sag as FTSE 100 slides image
Source : BBC [Read Article] Tuesday 23rd of May 2017 08:04:48 AM
....4%, while M&S, which is to unveil full-year results, shed 2%. Babcock was the biggest riser in the FTSE 100 on positive broker sentiment. ...
Greece fails to secure fresh bailout funds image
Source : BBC [Read Article] Monday 22nd of May 2017 11:40:41 PM
.... more work was needed to be able to have that kind of clarity that the financial markets understood and the Greek people understood (of) what to expect at the end of the programme period in terms of debt relief," Greek Finance Minister Euclid Tsakalotos said. However, he also said he was optimistic that a definitive deal could be brokered by the time of the next formal meeting in June. ...
FTSE 100 rises as sterling weakens image
Source : BBC [Read Article] Monday 22nd of May 2017 12:02:52 PM
....4%, after Bryan Garnier cut its rating on the company to "sell" from "neutral". A change in broker ratings was also behind a 3. ...
Five minute guide to investing in the UK's big banks image
Source : Daily Express [Read Article] Sunday 21st of May 2017 12:01:00 AM
....5billion to prevent a banking meltdown, and is now set to offload its remaining stake. Lloyds’ share price jumped on the news, peaking at 74p earlier in the week, and stockbrokers are now saying it could be a good long-term investment for savers seeking dividend income. ...
Where does an A-lister land when they waft in from paradise? Yes, Luton image
....7% over the past year, now representing three-fifths of all private air traffic. Websites such as Jackson’s FlyVictor have attempted to replace the traditional model of hiring a jet through a broker with more transparent online booking. ...
Mine craft: why BHP's strategic overhaul could help repel a hedge fund predator image
....While people in the UK are used to seeing companies and utilities bought and sold to the highest bidder – Cadbury, ICI, British Steel and Jaguar Land Rover have all disappeared or gone into foreign hands – Australians appear more attached to their big names, especially ones worth billions and which have paid handsome dividends to shareholders and pension funds down the years. Richard Knights of the London-based investment banking and share brokerage firm Liberum Capital says Elliott had misjudged the likely political fallout from its proposal that BHP drop its stock market listing in Australia. ...
Vanguard move sparks price war for personal investors image
Source : BBC [Read Article] Tuesday 16th of May 2017 12:45:12 PM
....The company specialises in offering tracker funds with very low charges. Until now most of its business in the UK came through stockbrokers and financial advisers, only dealing directly with individuals with at least £100,000 to invest. ...
How to be on the winning side as mortgage war hots up image
Source : Guardian [Read Article] Monday 15th of May 2017 06:00:37 AM
....And what a change it is. “At the beginning of this decade, you couldn’t get a mortgage even with a 10% deposit, let alone 5%,” says Ray Boulger of broker John Charcol. ...
Do you have to pay fees when buying foreign currency?  image
Source : Daily Express [Read Article] Monday 15th of May 2017 12:01:00 AM
.... . As currency brokers specialise in foreign currency exchange they’re able to secure you better exchange rates than banks – helping you get more for your money. ...
How to build your grand design for a humble price image
Source : Guardian [Read Article] Sunday 14th of May 2017 06:00:08 AM
....”. The couple are finalising the design and plan to get a self-build mortgage through specialist broker BuildStore. ...
Pay off your mortgage FASTER: Save thousands of pounds with this trick image
Source : Daily Express [Read Article] Saturday 13th of May 2017 01:34:00 PM
....Lenders are competing to offer lower rates, which are fixed for longer, slashing loan repayments for borrowers. Yet, almost two in five people have not changed lender in the last five years, and more than one in 10 have never switched provider, according to research by broker Habito and YouGov. ...
Number of second charge mortgages leaps to nine-year high image
Source : Guardian [Read Article] Friday 12th of May 2017 03:10:13 PM
.... It is usually obtained from a separate lender and if someone takes one out, it means they will have two mortgages on their home. For many, a standard remortgage or a further advance from their existing lender would probably suit their needs better, but mortgage brokers say that for some homeowners it would not make sense to refinance their main mortgage, while others do not have that option. ...
Home sales in COLLAPSE: Lenders pull the plug after surveyors downgrade values  image
Source : Daily Express [Read Article] Wednesday 10th of May 2017 01:57:00 PM
....Properties in London and the South East are typically receiving the highest number of downgraded values, with more homes on the market priced at £1million and above. Jonathan Harris, director of mortgage broker Anderson Harris, said: "There is changing sentiment; the best in class properties are shifting but we are seeing a number of down valuations from surveyors as caution starts to become more prevalent. ...
How to get the best return when selling your overseas holiday home image
Source : Daily Express [Read Article] Wednesday 10th of May 2017 12:00:00 AM
....As you can see, this also benefits you if you are looking to sell your property quickly, because even getting the same as you paid for it originally will see you more sterling back than it cost you first time around - although you would have to factor in estate agent's commission and other such fees and taxes related to selling a property. There can be fees attached to transferring money overseas as well, but these can be avoided if you choose a currency broker that operates on a fee-free basis. ...
Kushner family apologises for mentioning Jared at China pitch image
.... . The president's son-in-law, who has no prior government experience, has been entrusted to broker Israeli-Palestinian peace talks and also serves as the lead adviser on relations with China, Mexico and Canada. ...
Are UK house prices starting to fall? The Halifax thinks so image
Source : Guardian [Read Article] Monday 8th of May 2017 09:31:28 AM
....Continued low mortgage rates and housing supply issues should underpin house prices in the coming months, added Ellis. However some mortgage brokers are reporting that “down valuations” by surveyors are becoming increasingly common. ...
Bank of Mum and Dad is a major financial player - but could it be about to go bust? image
....EASY STREET . If you do not have enough ready cash to help younger family members, there is another option, says David Hollingworth, mortgage broker at London & Country: “The Barclays Family Springboard mortgage lets young buyers take out a mortgage of up to 100 per cent of the property value if parents deposit cash worth 10 per cent of that value in a special savings account. ...
HSBC chairman Douglas Flint recalls the good, the bad and the scandalous image
.... The industry will reconfigure, London will reconfigure. The talent pool that is here, the ecosystem that exists of lawyers, accountants, trustees, the insurance market, brokers, every kind of financial sector player , the technology sector, legal system, the infrastructure and Greenwich mean time means that it’s an attractive place to run any business. ...
Is it safe to manage currency transfers on your phone? image
Source : Daily Express [Read Article] Friday 5th of May 2017 03:10:00 PM
....Online banking apps allow the user to monitor their account balance, read digital statements, transfer between accounts and send payments in just a couple of taps. Now some leading currency brokers are offering their own currency transfer apps, making it quicker and easier to send money overseas 24/7. ...
Mortgage approvals dip for second month image
Source : BBC [Read Article] Thursday 4th of May 2017 09:49:42 AM
....Lenders are currently engaged in a price war, particularly during recent weeks when a number of new low-rate deals have been introduced. Mark Harris, chief executive of mortgage broker SPF Private Clients, said: "With HSBC launching the cheapest five-year fix on the market at 1. ...
How ‘Bank of Mum and Dad’ can help children buy home WITHOUT having to hand over cash image
.... These options can also suit Britons who aren't in the position or comfortable to give large amounts of cash to children - often in cases where one set of parents is giving support to a couple. Mark Harris, chief executive of mortgage broker SPF Private Clients, says: "Money from parents must really be a gift rather than a loan as far as mortgage lenders are concerned, so that it doesn’t impact the borrower’s affordability. ...
Billions wasted on home and car insurance as people fail to shop around, says new research image
....”. Parker suggested motorists consider contacting a specialist insurance broker for the best deal, rather than simply using comparison sites. ...
Parents '10th biggest mortgage lender' image
Source : BBC [Read Article] Tuesday 2nd of May 2017 09:52:41 AM
....Others state their annoyance that such funding is only an option for some buyers, and should not be considered as a recognised source of mortgage deposits. Elsewhere, Mark Harris, chief executive of mortgage broker SPF Private Clients, said: "Money from parents must really be a gift rather than a loan as far as mortgage lenders are concerned, so that it doesn't impact the borrower's affordability. ...
Triple-lock: Call for pensions policy to be revamped image
Source : BBC [Read Article] Sunday 30th of April 2017 02:11:29 AM
....He said the triple lock had delivered "big improvements" to pensioner incomes since 2010, but political parties would be concerned about the long-term cost implications of the policy "on top of increased spending on health and social care associated with an ageing population". But Tom McPhail, pensions expert at stockbrokers Hargreaves Lansdown, said the plan added a layer of complexity to pension policy. ...
Our flat was perfect  – until planners let a restaurant open below image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
....”. Ray Boulger, of mortgage broker John Charcol, says: “Your reader highlights a major defect, which I suspect the government either overlooked or didn’t appreciate all the implications of, in the PDR order. ...
Swinton insurance cuts 900 jobs as customers switch to online image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:06:32 PM
....Swinton is planning to close a another 84 branches and cut as many as 900 jobs because the vast majority of its customers prefer to buy insurance online or over the phone. The second wave of closures in just over a year means the company’s branch network will more than halve to 111, although it says it will still be the biggest insurance broker on the high street. ...
Fashion retailer Boohoo nearly doubles profit after celebrity Instagram tie-ups image
....The retailer plans further expansion in the US, where sales grew by 140% compared with 33% in the UK. Analysts at stockbroker Peel Hunt, who have a buy rating on Boohoo’s shares, upgraded their 2017-18 pre-tax profit forecast to £40m. ...
Swinton Insurance to cut 900 jobs image
Source : BBC [Read Article] Wednesday 26th of April 2017 05:00:01 PM
....Swinton, which employs 3,000 people across the UK, said where possible, affected staff will be deployed into other parts of the business. The insurance broker, which has more branches than any of its rivals, blamed business switching to the internet. ...
These are the mistakes everyone makes when buying foreign currency - and how to AVOID them image
....Many people assume that using their bank is the easiest method of moving money abroad, but banks don’t offer the most competitive exchange rates and many charge transfer fees, so taking the time to do a little research into your other options could really pay off. One of the best options available to you is to use a leading currency broker. ...
Buying a holiday home in Spain? This is how you can make BIG savings image
Source : Daily Express [Read Article] Monday 24th of April 2017 11:39:00 AM
....For starters, different international money transfer providers tend to offer different exchange rates. Using your bank to transfer money abroad might seem like the easiest option, but currency brokers typically work from smaller margins and therefore offer far more competitive exchange rates. ...
Tory energy bill cap dents Centrica and SSE share prices image
Source : Guardian [Read Article] Monday 24th of April 2017 09:05:46 AM
....British Gas is the only one of the large suppliers to have not hiked prices in the recent flurry of tariff rises, although analysts expect the cap will dent its parent company’s earnings before by £300m. Experts at Jefferies, the stockbroker, said that if the company offset the pain by making its fixed deals more expensive – as seems likely across the industry – it would reduce the loss to £150m. ...
Buy-to-let slump puts first-time buyers in the driver’s seat image
Source : Guardian [Read Article] Saturday 22nd of April 2017 05:59:06 AM
....Estate agents report that the withdrawal of landlord buyers has left the market freer for first-time buyers without pushing up prices. Mark Dyason, director of the UK-wide mortgage broker Edinburgh Mortgage Advice, says: “We are seeing a huge amount of pent-up demand . ...
Dortmund attack: man arrested on suspicion of share-dealing plot image
Source : Guardian [Read Article] Friday 21st of April 2017 04:36:02 PM
....Police were first alerted to unusual activity on the stock exchange only a day after the attack, but had initially dismissed the lead. Employees of Comdirect, an online broker attached to the German bank Commerzbank, later contacted police about Sergej W’s unusual purchase over suspicions of money laundering. ...
Sports Direct's £78m move into US retail stuns analysts image
Source : Guardian [Read Article] Friday 21st of April 2017 03:41:12 PM
....Analysts said the US acquisition would distract the company from efforts to lift its UK performance. “We find the timing extraordinary,” analysts at stockbroker Peel Hunt wrote in a research note, downgrading their investment stance to “add” from “buy”. ...
UK bank accounts of Iranian customers still being closed, says law firm image
....”. Vahid said accounts are often closed when people receive money from Iran, usually by cash transfer or via a money broker. ...
Record low rate signals mortgage battle image
Source : BBC [Read Article] Friday 21st of April 2017 09:48:53 AM
...."We are seeing newer lenders competing to top the best buy tables. The banks and building societies are battling to attract new borrowers and they are tempting customers in with their cheapest ever mortgages," said Aaron Strutt, of mortgage broker Trinity Financial. ...
Services matter image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:13:46 PM
FTSE 100 suffers worst day since Brexit vote after May calls election image
Source : Guardian [Read Article] Tuesday 18th of April 2017 05:11:25 PM
.... But in the wake of the snap general election, it said it was ditching its bets against the pound. The stockbroker Brewin Dolphin said that the rise in sterling might appear “counter-intuitive” as traders have been betting on sterling falling ever since last June’s Brexit vote. ...
Walking dead image
Source : BBC [Read Article] Sunday 16th of April 2017 08:34:11 AM
.... But they differ on the probable course of action. Eurotechnology's Mr Fasol is predicting a "politically brokered solution", in which a US firm and a Japanese government investment fund acquire the chip company. ...
Our high streets don’t need new shops – they need new ideas | Suzanne Moore image
.... There are more coffee shops than you can throw a stick at in my local high street, where you can buy actual sticks in a florist for £18, as well as stupidly priced baby clothes. A little further away, there is a pawnbroker and a parade of pound shops. ...
What is the cheapest way to send money overseas? How to transfer money abroad image
Source : Daily Express [Read Article] Wednesday 12th of April 2017 04:55:00 PM
....The size of the mark-up they add dictates how good an exchange rate you’re able to receive. Because currency brokers are focussed entirely on foreign currency, they have the scale and resources to offer lower margins than banks, getting you a better exchange rate. ...
Car insurance premiums 'jump by £110' image
Source : BBC [Read Article] Monday 10th of April 2017 11:09:14 PM
....The Confused. com research, which is carried out together with insurance brokerage Willis Towers Watson, checks more than four million car insurance quotes. ...
BBC to air recording that implicates Bank of England in Libor scandal image
Source : Guardian [Read Article] Monday 10th of April 2017 06:45:56 PM
....The Bank of England said it had provided a statement to the BBC noting that Libor and other global benchmarks were not regulated in the UK or elsewhere at the time. The Bank added it was helping with investigations by the Serious Fraud Office into Libor manipulation by employees at commercial banks and brokers. ...
Barclays boss used bank's security team to hunt for whistleblower image
Source : Guardian [Read Article] Monday 10th of April 2017 09:06:17 AM
....John Mann, the Labour MP and member of the Treasury select committee, called on Staley to resign while the Institute of Directors said it was “clearly disappointing” that Barclays had breached its own rules on protecting whistleblowers. Gary Greenwood, an analyst at stockbroker Shore Capital, said: “Given Barclays’ history of regulatory misdemeanours, most notably the high profile investigation into Libor rigging which led to former CEO Bob Diamond’s departure from the group, this latest revelation represents a very significant embarrassment for the board as it tries to rebuild the group’s reputation. ...
Libor: Bank of England implicated in secret recording image
Source : BBC [Read Article] Sunday 9th of April 2017 11:01:47 PM
.... . "Nonetheless, the Bank of England has been assisting the SFO's criminal investigations into Libor manipulation by employees at commercial banks and brokers by providing, on a voluntary basis, documents and records requested by the SFO. ...
Two Barclays traders found not guilty in Libor retrial image
Source : BBC [Read Article] Thursday 6th of April 2017 10:12:09 AM
....The Libor rigging scandal erupted in 2012, when Barclays was the first bank to be prosecuted with a £290m fine, which sparked the resignation of chief executive Bob Diamond. Royal Bank of Scotland, UBS, Deutsche Bank and broker Icap were also heavily fined for attempting to manipulate the rate. ...
Pearson share slide drags down FTSE 100 image
Source : BBC [Read Article] Thursday 6th of April 2017 07:40:37 AM
....1723. Pearson's fall was exacerbated by a broker downgrade from Exane BNP Paribas. ...
Unilever to sell off Flora and Stork image
Source : BBC [Read Article] Thursday 6th of April 2017 06:57:38 AM
...."The planned separation of Unilever's spreads business. is the result of the decline the division has seen in recent years, particularly in the US," said George Salmon of stockbrokers Hargreaves Lansdown. ...
Thousands of Tesco jobs at risk under plan to axe some night shifts image
Source : Guardian [Read Article] Wednesday 5th of April 2017 04:55:52 PM
.... Schroders and Artisan Partners, which between them own 9% of the company, have written separately to the Tesco chairman, John Allan, to ask him to pull out of the deal. Berstein analyst Bruno Monteyne said the broker’s poll of investors found support for the deal among Tesco and Booker shareholders was “high but not overwhelming”. ...
Amazon enters business supplies market image
Source : BBC [Read Article] Tuesday 4th of April 2017 09:17:46 AM
...."For many small businesses this will be a welcome opportunity to get everything in one place," said Bryan Roberts a retail analyst at TCC Global. Laith Khalaf, senior analyst and stockbrokers, Hargreaves Lansdown said further competition was likely to mean keener pricing for business supplies. ...
How to fight back against age bias on finances image
Source : Daily Express [Read Article] Sunday 2nd of April 2017 12:01:00 AM
.... . David Hollingworth, mortgage broker at London & Country, says older borrowers keen to take advantage of today’s low mortgage rates need to demonstrate that they can afford the mortgage: “This means showing evidence of all your sources of income after you have retired. ...
Serious Fraud Office boss warns big names to play ball – or else image
Source : Guardian [Read Article] Saturday 1st of April 2017 03:00:28 PM
.... The Tesco deal still needs high court approval: a hearing is scheduled for 10 April. Getting such well-known British companies to pay huge fines could be construed as a major victory for the SFO, which suffered a setback last year, after City brokers were found not guilty of helping Tom Hayes rig Libor interest rates. ...
Mortgage tax relief cut doesn’t add up for buy-to-let landlords image
Source : Guardian [Read Article] Saturday 1st of April 2017 06:00:17 AM
....This might sound like quite a technical change, but the result will be that the amount of tax owed by some landlords will double or even triple. New figures produced by mortgage broker John Charcol suggest some could see their annual net profit tumble by 84%. ...
FTSE 100 slides as South African-exposed firms hit image
Source : BBC [Read Article] Friday 31st of March 2017 07:52:27 AM
....Direct Line was one of the better performers in the FTSE 100, climbing 1. 8%, after a couple of broker upgrades. ...
London will remain Europe’s financial capital despite Brexit | Nils Pratley image
. If Lloyd’s of London is serious about banning its brokers from enjoying a pint at lunchtime, which was last month’s edict from the top of the Richard Rogers building, Brussels is probably not the best place to open a new base. ...
No, wealth isn’t created at the top. It is merely devoured there | Rutger Bregman image
.... Bankers have found a hundred and one ways to accomplish this. The basic mechanism, however, is always the same: offer loans like it’s going out of style, which in turn inflates the price of things like houses and shares, then earn a tidy percentage off those overblown prices (in the form of interest, commissions, brokerage fees, or what have you), and if the shit hits the fan, let Uncle Sam mop it up. ...
Leading City firms begin to lay groundwork for London jobs exodus image
Source : Guardian [Read Article] Thursday 30th of March 2017 01:06:02 PM
.... However, James Cowles, Citi’s chief executive for EMEA, said the bank was planning on the basis of a “hard Brexit” that would result in the UK losing its passporting rights. Cowles said: “A hard Brexit would require certain changes, including relocating certain client-facing roles to the EU from the UK, and the possible creation of a new broker-dealer entity within the EU. ...

Page rendered in 2.7421 seconds.