Northern Rock has raised its variable mortgage rates after the Bank of England hiked the base rate.
Edeus is offering intermediaries who register with it online before its launch an extra 75 proc fee on business submitted before the end of the year.
Swift has appointed Graeme Wade as regional account manager for the south of England. This completes the sales team which consists of four regional managers and Brian West looking after national accounts.
From K Furlong I have provided financial advice to a client for many years. Recently, she converted a four-storey traditional building into four one-bed flats, observing all the regulations regarding noise and fire at great expense. The tradespeople employed, from architect to builders, roofers, plumbers and painters, did their jobs well – until we got […]
The Complaints Commissioner deals with complaints about the the FSA and the regulator has modified several of its processes based on its findings, says Bill Warren
By Robin Geffen, fund manager and CEO
This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar.
In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.
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