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Today the Bank of England moved to cut rates to just 0.25%, the first move since 2009. The cut was in response to a dramatic drop in economic activity, particularly in the services sector following Britain’s vote to leave the EU in June. The drop in base rate, from
Assessing Investment Risk – Loan to Value (LTV) All loan investments offered on the Proplend platform have one thing in common, they are all supported by way of a first legal charge secured against an income producing UK commercial property. Loan to value or LTV helps investors
Today the FCA published their second report into interest rates on cash savings accounts. Named Sunlight Remedy, the report first published in January 2015 aims to shine a light on the rates not prominently displayed by banks, a key insight into a firms’ strategies towards their longstanding