Latest Young Index results from Young Group show the beginnings of a rising trend; buy-to-let investors appear to be readying themselves for a return to the market as they believe property prices will stabilise and rise during the next 12 months. Results from the Q1 2009 survey of investor market sentiment ... Read More...
banking
With UK Base Rate now at a new historic low of 0.5%, a quick scan of the savings best buy rates reveals that, for the moment at least, finding an account which pays a high honest real rate of return over and above inflation is hard work. This is a ... Read More...
Bradford & Bingley International (BBI) have launched two new competitive savings accounts. Easy Saver and Global Saver were launched on 28th February and replace a number of existing savings accounts to form the foundations of the BBI savings account range. Easy Saver is an access savings account requiring no notice for ... Read More...
Savings specialist, Bradford & Bingley International (BBI) has launched new 1-year and 2-year fixed rate savings bonds to compliment the Tracker Bonds already available to savers. Fixed Rate Bond (Issue 54) is a 1-year Fixed Rate Bond offering annual and monthly interest options paying 3.25% AER. Fixed rate Bond (Issue 55) is ... Read More...
It was widely predicted that the UK’s Bank of England Monetary Policy Committee (MPC) would announce a further cut in base rate today. In line with consensus predictions, the rate has been reduced by 50 basis points, bringing the base rate down to a new all time low of ... Read More...
It is widely predicted that the UK’s Bank of England Monetary Policy Committee (MPC) will announce a further cut in base rate following February’s rate setting deliberations. Consensus is that this reduction will be at least 50 basis points, bringing the base rate down to a new all time ... Read More...
House price data for December 2008 issued today by the Land Registry indicates that UK house prices fell by 13.5% during 2008. Property portfolio managers Young Group takes the opportunity to set 2008’s house price movements in its wider context against equity and pension fund performance. Neil Young, ... Read More...
The « Foreign Exchange » market, commonly abbreviated to « Forex », represents the global currency market which boasts a daily trading volume of over USD 4 trillion*. Forex trading enables investors to speculate on, and thereby benefit from, fluctuations in the value of any one currency against another. *Source : ... Read More...
Offshore savings bank Bradford & Bingley International (BBI) has announced the release of two new fixed rate savings accounts. Savings specialist, Bradford & Bingley International (BBI) has launched two new fixed rate savings bonds on the back of increased customer demand. For savers looking for longer term deposits, Fixed Rate Bond Issue ... Read More...
The Bank of England’s surprise announcement to cut the UK’s base rate has brought good news to millions of homeowners currently on tracker mortgages – but Neil Young (CEO, Young Group) questions whether the benefit will be widespread. It was widely predicted that the Bank of England’s Monetary Policy Committee (MPC) ... Read More...
The Nordic bank Glitnir has announced details of a possible merger with the Byr Savings Bank in Icleand. Glitnir Bank and Byr Savings Bank announced today that they have initiated discussions on the possible merger of the two companies. This entails that the boards of both companies will not enter any ... Read More...