View more on these topics

Economic guru dies

Milton Freidman, the inspiration for many of Margaret Thatcher’s economic policies has died aged 94.

The economist who coined the phrase “there’s no such thing as a free lunch” was the man who proved that inflation could be controlled by targeting the money supply. This theory became monetarism.

Dr Freidman won the Nobel prize from Economics in 1976. He died in San Francisco.

Recommended

Paymentshield move may have been a takeover sweetener

From Allen Smoker With regard to Natalie Martin’s recent article about Paymentshield commission (Mortgage Strategy November 6), Chris Traynor’s comments are flawed as I have a closed agency with Paymentshield but am still directly regulated with the FSA and still giving mortgage and protection advice with my new firm Merlin Mortgage Management under a new […]

Journalists such as Isabelle Kassam are good for us all

From Mike Lazenby There are few certainties in life – one is that we will all die and another is that there are too few financial journalists who are sufficiently astute, bright, challenging, scary or honest to take the mortgage industry to task when it falls down. Speaking as a long-time media tart, there are […]

KGB launches mortgage club

KGB, has launched its First Source Direct mortgage club, to increase the amount of lenders and submission options that it can offer to its brokers.The service is free to all Financial Service Authority regulated intermediaries, and there is no minimum business requirement. Paper applications will carry a First Source Direct sticker, and the club is […]

A funny old year

The past 12 months have been turbulent – just take a look at this chart of the FTSE 100 over the last year. There have been some points which I’m sure would have caused your clients some concern, and possibly even had them looking for an alternative investment with reduced volatility; perhaps without reducing their […]

Newsletter

News and expert analysis straight to your inbox

Sign up