View more on these topics

Big five banks to meet with BoE

Senior executives of the big five UK banks expected to meet with governor of the Bank of England, today to discuss aid for financial markets.

HSBC, Lloyds TSB, HBOS, Barclays and Royal Bank of Scotland are meeting with Mervyn King to discuss the provision of additional financial help to reassure markets.

Speculation suggests the banks want King to guarantee funding from the BoE if a bank suffers a cash shortage.

Recommended

House building may fall 150,000 below government target

The number of new houses being built this year could come in at 150,000 below government targets, Assetz has claimed. Stuart Law, chief executive of Assetz, says the number of new houses which started being built in January 2008 was down 40% on January last year.He says: “If that carried on we would be down […]

Smokers and drinkers pay more

Tax on cigarettes has been increased by 11p a packet while cigars are 4p dearer. Tax on alcohol will rise by 2% above inflation over the next four years. Tax on beer is up 4p a pint, on bottles of wine by 14p and spirits by 55p.

Barnetts Solicitors hires Julian Wells from Mortgages PLC

Barnetts Solicitors has hired Julian Wells from Mortgages PLC to head up its brand and marketing strategy.Wells, former head of marketing at Mortgages PLC, has been hired to help Barnetts’ plans to build its residential and commercial conveyancing customer base. One of the top five conveyancers in England and Wales, Barnetts works with some of […]

High demand for OEA code

The Ombudsman for Estate Agents has reported a strong response to its code of practice scheme. And a report by Christopher Hamer, ombudsman of the OEA, shows that while member numbers climbed by 60% during 2007, complaints also increased by 48% for residential sales.

Iain Chadwick

The Budget 2015: a brief overview

Following George Osborne’s delivery of his sixth Budget as chancellor and the last of this current parliament, we have provided a brief overview of the initiatives put forward in his statement, focusing on the topics that have an impact upon the pensions landscape, savings, personal taxation and businesses.

Newsletter

News and expert analysis straight to your inbox

Sign up