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Brits believe recession is here

One in six Britons think the UK is already in a recession, according to a report by consumer finance website Fool.co.uk

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Cheval brings home award

Cheval Property Finance has been named best bridging finance provider of the year by Business Moneyfacts. Mark Posniak, Cheval’s director of sales and marketing, says: “Winning this award is a feather in our cap.”

Enterprise to launch site range

Enterprise Group has announced it will launch a suite of websites. Enterprise Finance, its secured, bridging and commercial arm, launched a website last week and websites for its Partners, Homeloans and Broker Services businesses are due shortly.

HSBC says squeeze may last until late next year

HSBC has warned that the US cre-dit crunch is unlikely to peak until the end of 2009.Last week the banking giant report-ed a 10% rise in pre-tax profit despite unveiling £8.7bn worth of write-downs – 63% more than in 2006.Some £5.85bn of write-downs were generated by the group’s US business as a result of exposure […]

BUDGET 2008: Darling reveals Stamp Duty change

Borrowers on shared equity schemes wont have to pay Stamp Duty until they own 80% of the equity of their home.Chancellor Alistair Darling revealed the change in today’s Budget speech.But still no change to the wider Stamp Duty threshold.

Don’t play chicken with the Bank of Japan

By Josh Ausden, Head of Client Investment Strategy, Neptune Short-term yen strength has hurt the Neptune Japan Opportunities Fund but recent events have only added weight to our conviction that the Bank of Japan will act to ease policy, boosting multinationals’ profits and weakening the yen. In recent weeks the performance of the Japanese stockmarket […]

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