10/31/2023
Housing market remains muted but NS&I sees huge spike in deposits
Mortgage rates have been steadily dropping but they are still eye wateringly expensive.
10/31/2023
Mortgage rates have been steadily dropping but they are still eye wateringly expensive.
10/31/2023
ECB keeps interest rates unchanged
10/31/2023
The UK’s biggest wealth manager St James’s Place has seen its value fall by more than 40 per cent this year, while rival Quilter has fallen by more than 15 per cent.
10/30/2023
The biggest loser has been St James's Place, whose shares have dived by 44 per cent – or £2.6 billion – after the consumer duty regulations came into force in July.
10/30/2023
The findings highlighted that the decline has not been distributed evenly across the country.
10/30/2023
This means that the decades-long wealth boom, supercharged by the era of super-low interest rates over the 2010s, has been brought to an end.
10/27/2023
The real value of fortunes has been eroding during the past two years at its fastest rate in more than four decades
10/27/2023
It can give us insight into our reactions and the impact our decisions can have when trying to get the most out of our investments over a period of time.
10/26/2023
The net percentage of banks reporting a tightening moderated slightly compared with the previous quarter but was slightly higher than banks had expected in the previous quarter.
10/25/2023
In the current financial situation, with the background of ongoing wars, higher borrowing rates and the ongoing fallout from the Truss-Kwarteng budget there is an argument to be made for holding a higher proportion of short term savings in cash.
10/25/2023
The test conducted indicated that 25-30 stocks is indeed enough to “diversify away” any statistically significant non-systematic risk from a given equity portfolio.
10/25/2023
Around one in five (22%) say they strongly agree that they rely largely on client self-assessment when it comes to setting risk levels.
10/25/2023
This is also evident in personnel, where Deloitte has created several hundred jobs in Switzerland.
10/25/2023
The property purchase fee will increase from £450 to £550 + VAT, and the borrowing fee will increase from £450 to £550 + VAT.
10/24/2023
According to Fitch, the upgrade of the long-term IDRs assigned to Leonteq reflects the material progress made to grow the franchise
10/24/2023
James Arnold, currently in charge of UBS' Strategic Insights Group in London, will co-head the new unit with Rick Faery
10/23/2023
Billionaires’ personal tax in the US is estimated to be close to 0.5 per cent and as low as zero in otherwise high-tax France, the EU Tax Observatory said
10/23/2023
Considering succession.
10/23/2023
Leading property agents tell Spear’s that international UHNWs still want homes at the very top end of the super-prime market, while a reduced development pipeline may protect prices for the next few years
10/23/2023
Investors will be watching for forward-looking comments on greater competition for deposits and mortgages across the region, which has been partly driven by central bank rates soaring from almost zero to the highest in decades to curb inflation.