12 January 2021 Currency Risks for Expat Buyers of Spanish Mortgages Could Rise says Mortgage Direct, Citing CaixaBank and Bankia Merger

It is expected that the merger of CaixaBank and Bankia will be formalised by March 2021, a development that could bring with it some difficulties for those international and expat buyers looking to…

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06 January 2021 BoE's Bailey Warns against UK Becoming EU "Rule Taker" on Financial Services

The Bank of England Governor Andrew Bailey told MPs it was reasonable to assume the EU and UK could reach a deal on financial services by the end of March.

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06 January 2021 School Closures Drive UK Economic Forecast Downgrades by Leading Economists

The closure of schools is being tipped to be the single most important factor for the UK economy in the third major national lockdown, with economists saying the move could knock 2.0% off economic …

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18 December 2020 Retail Sales Undented by the Pandemic as Divide Between Online and Physical Stores Grows Ever Larger

UK retail sales remain above their pre-pandemic levels, say the Office for National Statistics in their latest UK retail sales report.

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18 December 2020 City of London Faces Battle to Entice its Workers Back

70% of City of London-based workers do not feel comfortable commuting to work via public transport anymore and a majority will likely resist going back to a 'normal' way of working in an office env…

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17 December 2020 Bank of England Sits On Hands in December Pending Outcomes On Brexit, Virus Restrictions 

The Bank of England (BoE) sat on its hand in December when it left interest rates and the parameters of its quantitative easing programme unchanged pending the outcome of Brexit trade talks and dec…

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16 December 2020 UK Government's Attack on Wealth a Wakeup Call for Investors

A raft of recent proposals to raise revenue for the government would represent an attack on wealth says Michael Lewis, specialist UK and US tax advisor and Director at Frank Hirth. Lewis believes t…

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