View more on these topics

Founder of PMPA retires from board

Ian Nelson has resigned from the Professional Mortgage Packagers Alliance’s board to concentrate on his retirement.

The PMPA founder’s decision follows the recent sale of his majority stake in BDS Mortgage Group to Pink Home Loans.

He says: “The market has changed dramatically and the packaging sector needs to show more professionalism than ever, so PMPA will continue to fulfil this role. I will keep a watchful eye on the market while pursuing new interests and travelling.”

Vic Jannels, chairman of PMPA, says: “I’d like to thank Ian on behalf of PMPA and the wider packaging community. We owe him a debt of gratitude for raising standards, which he has vigorously continued to promote over the years.”


Don’t tell Darling, tell George

With 12 March almost nigh there’s been a conspicuous absence of Budget Day wish lists – those lengthy and detailed submissions by trade bodies to the Treasury, itemising areas of fiscal reform to help first-time buyers, out of work Northern Rock employees, and with the nationalisation of the lender and an improved social safety net for its customers at risk of being repossessed by the state.

Owner-occupation in England falls a record 83,000

The number of owner-occupiers in England fell by a record 83,000 in 2007, according to Communities and Local Government data. This raises serious questions about the government’s target to increase owner occupation to 75%.

HSBC reports 10% increase in pre-tax profit

HSBC has reported a 10% in pre-tax profit for 2007 despite its significant exposure to the US credit crunch. In its full year results published today, the global banking giant revealed that pre-tax profit had increased to £12.2bn for the 12 months to December 31 2007, up from £11.1bn in 2006. It follows the revelation […]


News and expert analysis straight to your inbox

Sign up