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Today’s Blog
The following article is sad reading. http://www.moneymarketing.co.uk/investments/oecd-uk-heading-back-to-recession/1048984.article with oil prices up so much in percentage terms in the last few months most people’s disposable income has fallen. Talk of another...
Public Finances & The British Government’s Budget Deficit
The following article is sad reading on the state of public finances and the British Government’s budget deficit http://www.moneymarketing.co.uk/politics/govt-borrowing-higher-than-expected-in-july/1056599.article The lower than expected tax receipts are a sign that...
A Good Sign For The Mortgage Market
I am delighted that Virgin Money has started a process of securitisation for UK prime residential mortgages. I hope this is a sign that the bond market has confidence in UK mortgage lenders and British Banking institutions. I hope it will make my life as an IFA and...