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Eight to one majority in favour of MPC rate hold

Eight members of the Bank of England’s Monetary Policy Committee, including Kate Barker voted in favour of maintaining the base rate at 5.25%.

MPC member David Blanchflower voted against the others, wanting the base rate to be reduced by 25 basis points.

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Pearson quits BM Solutions

Chris Pearson, sales and marketing director at BM Solutions, has resigned from his position at HBOS. HBOS could not comment on Pearson’s reasons for leaving or where he may be going. A spokeswoman for BM Solutions says: “Chris has been with HBOS for over nine years so obviously we wish him all the best in […]

AToM appoints RDMs for the North

All Types of Mortgages has appointed David Cadwallender as regional development manager for Yorkshire. David joins Peter Eckersley the RDM for the North-East and Martin Roby the RDM for Liverpool.David Cadwallender joins AToM from Mortgage Brain, where he was business development manager covering the North of England, Scotland and Northern Ireland areas. Cadwallender’s responsbilities included […]

Tenancy Deposit Solutions reveals fees for agents

Tenancy Deposit Solutions has revealed its tariff for agents who join its tenancy deposit protection scheme.Fees will be payable by agents on a pay-as-you-go basis. A one-off joining fee is required per branch in order to set up an account, 100 for members of the Association of Residential Letting Agents, National Association of Estate Agents, […]

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Company sick pay – new findings

Research by insurer LV= suggests that some 11 million employees in the UK have no company-paid sick leave entitlement. So if an employee from within the above grouping cannot work through illness or injury for any period of time, their only income would likely be that provided by state benefits alone.

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