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BUDGET 2007: UK economy growing fastest out of G7 economies

In his opening statement for his 11th Budget, the chancellor Gordon Brown says the UK economy is growing faster than any other G7 economy.

Joking, Brown thanked his “comrades in the civil service that have helped him in the past.

He says that since 1997 inflation has averaged 1.5%, the best inflation performance he says in a century.


Attacks on C&G broker sales managers are out of order

Enough is more than enough. The recent attacks in the industry press on C&G intermediary sales managers are bang out of order. The company has over 100 intermediary sales managers whose job it is to encourage brokers to use C&G. Under normal circumstances, we do this with an expertise that is renowned throughout the industry. […]

BUDGET 2007: Chancellor cuts relief on empty commercial properties

The Chancellor is to restrict relief on commercial property lying empty for industrial properties to six months and to three months for retail premises and offices and special exemptions for charities.The measure is in line with recommendations in the Lyon’s report published today, in order to relieve surplus demand for property in some areas.

IFA firm picks Convex for conveyancing service

Convex Conveyancing, is to roll out its conveyancing service to independent financial advisers, The Clarkson Hill Group. Duncan Samuel, managing director at Convex, says: We are delighted to offer our service to one of the largest IFAs in the country.We are confident that clients and advisers will benefit greatly from using our system.Bill Moncrieff, director […]

Catholic launches fixed product

The Catholic has released a one-year fixed product for new purchases and remortgages.The Issue 1 mortgages, a one-year fix, has an initial interest of 2.9% for the first 12 months, then gives a discount off the SVR of 0.75% in years two and three. This includes free valuations and free legals for remortgages.There is a […]


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