Finance
Spring Budget date set for 6th March 2024
Jeremy Hunt will outline the government's latest round of tax policies in early March, ahead of a probable General Election later in the year.
Currency Matters: 2024 likely to be the same, but different
Trying to find the ‘absolute optimum’ in any market is ultimately a fool’s errand, writes David Huggett.
Industry Reactions: BoE holds interest rates at 5.25%
'The Bank of England’s decision to hold Bank base rate at 5.25% is likely to bring more confidence to the UK housing market,' says Savills.
Mortgage lending to fall in 2024, predicts UK Finance
'We expect lending to remain weak in 2024, with a gradual improvement in affordability reflected in a modest increase in activity levels in 2025,' says banking industry trade body.
Specialist lender refinances £175mn London mansion
Cohort Capital completes another PCL mega-deal as ultra-prime sector 'remains well insulated from wider economic headwinds'.
Mortgage approvals rise as interest rates stabilise
Bank of England data tell of another increase in mortgage approvals, prompting Savills to suggest 'some confidence is beginning to return' to the property market.
New London-based advisory aims to ‘redefine’ real estate finance
Nicholas Christofi and Demetrios Antoniou's Karis Capital will be catering to developers and investors across the UK.
New Hong Kong & Singapore offices for SPF
High-end mortgage broker has other new branches in the pipeline.
Fledgling real estate lender Birchwood expands with senior hire
Lorna Brown has recruited another L&G alumna to her one-year-old Birchwood Real Estate Capital team.
MT Finance strikes new £500mn funding deal
Additional financing through JP Morgan sets up a further push into the UK's short-term finance market.
‘Introduce a new global minimum tax for the world’s billionaires’: Six recommendations to ‘reconcile globalisation with tax justice’
Renowned economist Joseph Stiglitz is amongst those proposing 'an ambitious and yet pragmatic agenda for the coming years to move towards a fairer international tax system.'
Interest rates held at 5.25% – Bank of England
Widely-anticipated decision sees interest rates held steady again.