View more on these topics

CML disappointed about Crosby report delay

The Council of Mortgage Lenders is disappointed by the Treasury’s decision to push back the release of the Crosby Report two weeks.

It is now expected to be released in mid to late October.

The report is thought to have been delayed to allow for revisions that account for the past few weeks of market turmoil.

A spokeswoman from the Council of Mortgage Lenders, says: “We are disappointed to hear that the Crosby report has been delayed.

“Early and decisive action is what the mortgage market needs, but presumably the government is looking to see how this fits into the bigger picture of action to restore stability to the global economy.”


Abbey appoints Pester to integrate B&B branches

Abbey has appointed Paul Pester to take responsibility for Bradford & Bingley’s retail distribution in the wake of the restructuring of the buy-to-let lender.

Fionnuala Earley to speak at MI conference

Mortgage Intelligence has announced the line-up for its Annual Conference on October 8 at Celtic Manor.Nationwide, chief economist Fionnuala Earley will provide the keynote speech, looking at the current economic climate and future market predictions. Earley joins a host of keynote speakers including Nigel Payne, managing director BMSolutions/TMB and Sally Laker, managing director of Mortgage […]

BSA sees 31% dip in approvals

Continued uncertainty in the housing market saw net approvals by societies in August remain low at £2.8bn, a 31% decline compared to August 2007, show figures from the Building Societies Association.

Europe: why persist with value today?

By Rob Burnett, Neptune’s Head of European Equities The Neptune European Opportunities Fund remains committed to a value bias. We see a broadening array of opportunities in diversified industries at compelling valuations today. The most complicated part of the market is the European banks. We are currently overweight in this sub-sector as many banks are […]


News and expert analysis straight to your inbox

Sign up