The Monetary Policy Committee voted unanimously in favour of both the £75bn Asset Purchase Facility and the 0.5% base rate reduction at its last meeting, committee minutes reveal.
While the rest of us are cutting down and swapping our triple quilted toilet tissue for the supermarket’s budget range, it was good to see Royal Bank of Scotland trimming some of its spending.
Mothering Sunday is the one time of the year when we sit back and appreciate the important role mums play in family life.
Networks are lobbying the Financial Services Authority to reconsider its position on regulatory fees as Mortgage Next reveals its FSA bill is a whopping 110% higher than last year.
The FSA will not make any decisions on the mortgage industry for six months but fine tuning of LTVs and income multiples is certainly on the agenda.
Equity markets globally currently remain vulnerable to sharp shifts in sentiment caused by either unexpected or unwelcome outcomes in key upcoming political events (the US and German elections, Brexit and the Italian referendum). These top-down influences, combined with the current low global growth environment, will likely lead to broadly directionless markets, and prolong the current low beta return environment. We do, though, […]