News
Warning over UK borrowing
Worse than expected public finance figures for October have heightened further the focus on the Government's imminent Pre-Budget Report. Public sector net borrowing reached £11.5 billion last month, up from £0.1 billion a year earlier and almost...
20th November, 2009 • more >
Firms going under due to wrong insurance cover
Many UK businesses are still not covered by the correct insurance programmes and only find out when they try to make a claim, according to Cowens Survival Capability. It has warned that many businesses are needlessly going under...
20th November, 2009 • more >
Homebuyers returning
The UK housebuilder Barratt Developments has said homebuyers are returning to the market, after it revealed private reservations per site were running 34% ahead of last year. In an interim management statement, the group added that in the 19 weeks...
18th November, 2009 • more >
Stamp duty to hit some areas
The end of the stamp duty holiday could detrimentally affect the recovery of the housing market in regions that are already lagging behind, according to RICS. More surveyors in the West and East Midlands, Wales and Scotland said they expect to see a...
18th November, 2009 • more >
Commercial property hope
There are signs the 'worst storm in real estate history' might have passed, after British Land revealed the value of its portfolio increased by 1.4% in the second quarter of the year. The UK's largest landlord and developer said that 70% of its...
18th November, 2009 • more >
Inflation begins to rise
Inflation in the UK has increased for the first time since February, according to the latest figures from the Office for National Statistics. The consumer prices index rose by 1.5% in October, up from 1.1% in September, mainly as a result of fuel...
18th November, 2009 • more >
NACFB announces 2009 award winners
On the night of the 12th November at the home ground of Chelsea football club, Stamford Bridge, the winners of the NACFB 2008 Commercial Finance Industry Awards were announced at the NACFB Gala Dinner. The ceremony was held at the...
17th November, 2009 • more >
Mortgage Business Exposed
Walking into Mortgage Business Expo this year you could have believed that we had stepped back in time three years or so to the good old days, where spending ludicrous sums on an exhibition stand was the norm. However, past the foyer, and...
17th November, 2009 • more >
chief-economists-weekly-brief 16 November 2009
The world economy is getting back on its feet, with the recovery in Japan gaining momentum and the Euro Area pulling out of recession in Q3. However, a sustainable rebound is not yet assured, as growth in the developed world...
16th November, 2009 • more >
Bank unsure over recovery
The recovery in the UK economy is likely to be slow and its strength highly uncertain, according to the Bank of England's latest quarterly inflation report. While the bank's policy of quantitative easing had injected money into the economy and...
11th November, 2009 • more >