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BUDGET 2007: Brown pledges to keep interest and mortgage rates low

The chancellor has pledged to keep interest and mortgage rates low for 2007.

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DB holds less 5% of its own shares

Deutsche Bank has disclosed that it holds less than 5% of its own shares.From March 21, DB shares declined to 4.63% of its issued share capital.Under German regulations, an investor is required to disclose his shareholding in a company if it breaches certain levels, such as 3%, 5%, 10% and 20%.

Pundits agree house prices will keep rising

At the Wriglesworth Consultancys great housing debate, pundits agreed that it would take a major economic decline for house prices to fall in the foreseeable future.David Miles, chief economist at Morgan Stanley, says: Public expectations regarding house price growth is key to the markets stability. Growth would need to fall successively for a number of […]

Brokers hit out at First Active

Brokers have hit out at First Active for misleading advisers over the portability of its products.

Friends of Earth calls for council tax rebates for green homeowners

Friends of the Earth has made a plea to the chancellor to pour out over 2bn to encourage homeowners to get green.This call follows the green pressure group writing a letter to housing minister, Yvette Copper that has been leaked to Mortgage Strategy.This will involve Council Tax rebates and exemption of VAT on environmental refurbishments […]

The investment clock

While Trump blazes blond in the political foreground, it’s easy to overlook the economic background to the new political dimension of 2017. Political risk will be a feature of the year: the unpredictable and untested Trump administration has already created uncertainty, which is unlikely to diminish, especially if protectionist rhetoric starts to outweigh promises of […]

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