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UK debt culture affecting children

Nationwide has issued a report on children’s savings that suggests Britain’s ‘buy now, borrow later’ culture means fewer people are saving for their futures.

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Consumer debt is still a significant risk, says BOE

Significant risks remain with the continuing accumulation of debt by many borrowers and an aggressive search for yield, says the Bank of England.The Bank has published its latest Financial Stability Review, which contains the Banks regular half-yearly review of risks to financial stability and measures taken to strengthen the financial infrastructure.The Bank says that the […]

Europe is an opportunity, not a threat

The last Bank of England Monetary Policy Committee decision of the year to keep rates at 4.5% didn’t take many by surprise. There had already been enough shockwaves sent through the mortgage lending and advising community with chancellor Gordon Brown’s last minute U-turn on self-invested personal pensions.

Duffy seeks volunteers for running battle

Kevin Duffy, managing director of Hamptons International Mortgages, has initiated the next instalment in his running battle with Walter Avrili, product director at John Charcol. Duffy is seeking to enlist 12 volunteers from the mortgage industry – The Dirty Dozen – to tackle the ING New York City Marathon on November 5 2006. He hopes […]

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