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Abbey makes rate changes after interest rise

Following the increase in the Bank of England’s base rate from 4.75% to 5.00%, cahoot’s standard savings account will increase from 4.80% to 5.00% AER/gross p.a. for both existing and new savers.

Abbey’s variable tracker rate mortgages, which automatically follow changes in the base rate, have increased by 0.25%.

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Connells to participate in government HIP trial

The Connells Group of estate agents is taking part in the government’s Home Information Pack trials, which started on November 6. The group has a near 500 strong network of branches and says it is the largest participant to date taking part in the trials. Its branches will be working with buyers and sellers to […]

NHER offers training for energy assessors

With the June 2007 deadline for the introduction of Home Information Packs fast approaching, National Home Energy Rating has launched a training scheme for Energy Performance Certificate assessors. NHER’s domestic energy assessor programme includes eight days of intensive training on construction, thermal physics and energy efficiency. Austin Baggett, head of the NHER scheme, says: “Recently […]

Mortgages PLC launches training scheme

Mortgages PLC has introduced a training scheme to help develop business development managers of the future.As part of the new trainee area manager scheme Mortgages PLC has created three positions aimed at graduates and people looking for a first move into a field sales role. The scheme aims to equip participants with a thorough knowledge […]

GEMHL appoints head of new product development

GE Money Home Lending has announced the appointment of Steve Wright as head of new product development. Wright, who has worked for GEMHL for over four years, has held a number of marketing roles within the business, before taking on this role. Previously, Wright gained over 15 years financial services experience across a variety of […]

Reforming India: just the beginning

By Kunal Desai, Neptune India Fund

As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.

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