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BUDGET 2008: Darling sets non-dom tax at £30,000

Chancellor Alistair Darling has set the proposed tax on non-domicile residents living and working in the UK at £30,000 from April.

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Pink shuffles its management pack

Pink Home Loans has promoted Lisa Hurley from associate director to director of finance.Her role has been expanded to in-clude responsibility for commercial relationships with many of Pink’s suppliers and for overseeing the finances of BDS Mortgage Group, the network in which it has a majority stake. Hurley joined Pink as financial controller in 2004.Meanwhile, […]

Trustguard to focus on sales

Trustguard has overhauled its mortgage department to focus on sales. The move has seen its mortgage processing split between two departments. A new business arm will focus on enquiries and placing cases while its underwriting arm will look to ensure that applications complete. Following the rejig, brokers will have access to a dedicated new business […]

BoS must be a candidate for villain of the year

Should there be such a thing in 2008, a prime candidate for villain of the year on MS’ Marketwatch page must be Bank of Scotland for withdrawing its 100% LTV mortgages without telling anyone, including its workers.

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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