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Kent Reliance to revamp IT system

Kent Reliance has appointed s2s to transform its IT and network infrastructure.

The aim is to grow the company’s outsourced operations in India and allow it to increase the range of hosted network services it can offer.

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Highest July lending on record

Gross mortgage lending reached 30.4bn in July – the highest figure ever recorded for the month. The figure was also the second highest on record, says the Council of Mortgage Lenders. Lending in July was 6% below the 32.4bn figure for June, but 19% higher than the 25.5bn seen in the same month last year. […]

Torys plan to “revolutionise” towns and cities

The Conservative party is expected to propose revolutionising the way towns and cities look and feel by enabling local people to create mixed-use urban villages when regenerating their suburban housing estates. These urban villages will mix homes with employment uses, rented and freehold properties and would be developed so that all the key facilities would […]

First 4 Brokers ARs face ruin due to unpaid fees

Appointed representatives of failed network First 4 Brokers could face financial ruin because of unpaid fees. The network went into administration on August 11 leaving 30 ARs unable to trade and hundreds of support staff redundant. Robert Ambrose, a broker at In-Sight Finance, has attacked the Financial Services Authority for failing to protect ARs and […]

Market Watch

Swaps edged up for a few days before dropping back slightly. They are now at two-year highs.

  • One-year money is down 0.01%at 5.24%
  • Two-year money is down 0.01% at 5.26%
  • Three-year money is unchanged at 5.27%
  • Five-year money is unchanged at 5.22%
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