News
Signs of green shoots in commercial property
It seems that someone has been going around pruning all the ‘green shoots’ of recovery as it emerges that we are no longer exiting the recession but are in fact still entrenched in the longest one since records began. According to...
3rd November, 2009 • more >
The US is Back to Black...
The US economy returned to growth in Q3 thanks to the extraordinary policy stimulus. The hope is that the recovery will gain its own momentum before these economic steroids lose their potency. The economy expanded in the three months...
2nd November, 2009 • more >
Tenant arrears a widespread issue
Redbrick Landlords Insurance has reported that nearly half of landlords admit they have had tenants fall behind on their rental payments at some point in their letting career. The survey of landlords showed that 46% had...
2nd November, 2009 • more >
RBS and Lloyds Banking Group to be split up
The Chancellor has signalled the likely break-up and sale of the bailed out banks. The Treasury hopes such a move would attract new entrants to the high street banking market and increase competition in the mortgage market. ...
2nd November, 2009 • more >
BTL favouring houses
Buy-to-let investors are beginning to turn their attention towards houses rather than flats, according to the latest research from the Royal Institution of Chartered Surveyors (RICS). In September, a net balance of two per cent more surveyors...
2nd November, 2009 • more >
House price recovery warning
The recent recovery in house prices might be about to slow after new research revealed the number of home buyers coming to the market has started to drop. According to the latest survey from Hometrack, house prices increased by 0.2% in October to...
2nd November, 2009 • more >
UK firms fall apart in a crisis reveals poll
Some of the most senior officers in the UK’s top financial institutions do not agree on how to handle a regulatory crisis in their companies – and this lack of continuity could prove fatal for their businesses. That’s the finding of the latest...
2nd November, 2009 • more >
Property prices jump again
The gradual recovery in the housing market has continued after the Land Registry revealed house prices recorded a monthly rise of 0.9% in September, up from 0.5% in August. It means the average price of a home in England and Wales now stands at...
29th October, 2009 • more >
Banking regulation imminent
The Financial Services Authority (FSA) has revealed it is to begin regulating banks' and building societies' day-to-day contact with their customers from 1 November. Being brought under the regulator's remit will be everything from direct debits,...
29th October, 2009 • more >
Northern Rock split approved
Plans to split the nationalised bank Northern Rock in two have been approved by the European Union. In a move that it is hoped will strengthen the capital and liquidity position of the bank and clear the path for its partial sale, two separate...
29th October, 2009 • more >