- Top trends
Chancellor Alistair Darling has so far failed to put out the fire engulfing the mortgage market. The Bank of England has cut rates in the hope of stimulating some sort of recovery but as lenders hoard capital and bemoan the price of funding, the base rate could fall to zero for all the respite it would offer. As for the Financial Services Authority, creative thinking to get us out of this mess is beyond the regulator’s remit.
Nine out of 10 investment landlords are closing their doors and neither selling or buying residential rental property, despite asset values and rental yields falling, shows the Q4 Association of Residential Landlords Members Survey of the private rented sector.
Businesses come in all shapes, sizes and structures, from limited companies to partnerships to sole traders, but all can get into financial trouble.
Mform.co.uk has called the Bank of England’s 1% rate cut to 2% a temporary staging post on the way to a record low base rate of 1% in 2009.
After a flat year for European equities, in which the Artemis European Growth Fund outperformed, manager Philip Wolstencroft is (cautiously) optimistic about 2016.
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