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Savills unveils strong 2007 results

Savills Private Finance has revealed a 16% increase in pre-tax profit in 2007. The brokerage also announced its revenue increased by 11% to £29.8m last year despite the market downturn. Mark Harris, managing director of SPF, says: “We continue to expand our business and now operate from 25 locations, including offices in Cardiff and Windsor.”

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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 […]

Wesleyan launches academy for consultants

Wesleyan Assurance is launching a training academy to help expand its sales force by 50%.It hopes to fill 100 newly created financial consultant positions with staff who already have some knowledge of the mutual’s core markets.The society provides tailored financial services for doctors, dentists, law-yers and teachers.Wesleyan Academy courses run for two years and offer […]

PNG launches introducer service for brokers

Premier Network Group has launched an introducer service for brokers across a range of financial product sectors.PNG is offering advisers who are unable or unwilling to operate in a number of areas the opportunity to introduce their client’s business to PNG and receive a percentage of the procuration fee. Roma Bailey, introducer manager at PNG, […]

Clive Briault to exit FSA

Clive Briault, managing director of the retail business unit at the Financial Services Authority is to step down from his post at the end of April.Hector Sants, chief executive of the FSA sent a note to staff today, which says: “It is with regret I announce that Clive Briault is leaving the FSA by mutual […]

Now more than ever, we need to back the small developer

In the context of the current housing deficit, the latest housebuilding stats aren’t great. But what does doing better look like? The Department for Communities & Local Government published its latest figures at the end of August, which revealed that housebuilding starts in England rose 2 per cent in Q2 compared to the previous quarter […]

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