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.
Businesses come in all shapes, sizes and structures, from limited companies to partnerships to sole traders, but all can get into financial trouble.
Premier Mortgage Services has teamed up with HiFX to launch currency and mortgage services to the broker market.
The severe slump in the pound’s value is a sign of downward pressure affecting interest rates.
Holly Cassell, Assistant Manager of the Neptune UK Opportunities Fund The decision of the Federal Reserve not to raise US interest rates at its September meeting was met with surprise by many, and has been blamed by some as the chief catalyst for the global market volatility that followed. How does this affect the timing […]
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