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Cobalt receives full authorisation

The company says it is great news and will help the firm to push ahead with its ambitious expansion plans.


Speculation rife as Townsend joins Beacon

Beacon hit the headlines last October after Mark Abbott, the enigmatic former chief executive at Future Mortgages, and Brian Pitt, Future&#39s former sales director, took a near-50% stake in the financial services firm run by Simon Goldthorpe and George Kahn. A swathe of former Future Mortgages staff including sales maestro Clive Wilson have since joined […]

Kingsland launches starter pack for small mortgage brokers

The pack consists of an instruction pack, compliance manual, training and competence manual and all standard documentation required for dealing with the regulatory bodies. Karen Monaghan, managing director of Kingsland, says: “It is now possible for the smaller intermediary to have access to the most up to date information to prepare for Mortgage Day and […]

Freeze confirms predictions

The Monetary Policy Committee has raised interest rates five times since last November to help control the property market and consumer spending and this now seems to have succeeded. Jak Sardar, economist at Barclays bank, says: “The decision to keep interest rates on hold confirms our prediction that it would not raise rates this month. […]

Online storage facility launched

With nearly one million British homes burgled in 2003, a house fire every few minutes and British holidaymakers being robbed to the tune of £300m, it&#39s hoped the new internet venture will help both victims and their insurers. Designed to substantially minimise the impact of loss, theft or damage comprises an online safebox in […]

US: mid-year review and outlook

By Felix Wintle, Manager of the Neptune US Opportunities Fund H1 2014 Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of underlying economic weakness or […]


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