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Bank of England freezes base rate

The Bank of England froze interest rates last week at 5.25%. Industry experts are split on whether another rate rise is needed to bring inflation under control with many predicting stable a base rate throughout 2007.

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Brokers uncertain if inflation battle is over

Brokers are uncertain whether the latest interest rate freeze means inflation is finally under control. John Postlethwaite, consultant at financial adviser Punter Southall, says: “It was widely predicted that the Bank of England would hold interest rates this month, so today’s announcement is no surprise. “With the number of mortgage approvals dropping 1% in January […]

Money Partners’ online promotion

Money Partners Touch has launched an online promotion to encourage brokers to register on its website. Until April 11, any broker registering interest on the website could win a DVD recorder, a satellite TV package or a satellite navigation system.

Mortgage Brain to hold packager forum on March 23

Mortgage Brain and the Mortgage Trading Exchange, in association with Mortgage Strategy, are to hold a packager forum in London on March 23.The event will discuss the key issues facing mortgage packagers in 2007. It will also be used to announce a new and exclusive packager proposition.Earlier this year at the Mortgage Strategy Packagers Summit, […]

Profits underpin UK banks’ growth

Profit growth in wealth management, investment banking and international markets have been key factors in the growth of UK banks, KPMG’s UK financial institutions performance survey reveals.

Keep calm and carry on?

We British are known for our stiff upper lip and just getting on with things. It’s part of our quirky cultural behaviour – like forming orderly queues, or saying sorry when it’s not our fault. Many of us just aren’t that great at talking about what’s bothering us. But if someone feels that the stresses […]

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