MP expenses hit a high May 14, 2009 JUSTICE minister Shahid Malik ran up the highest expenses claim among his MP peers, it emerged yesterday. He has claimed the maximum amount allowed for a second home – £66,827, over three years. During 2008, he claimed £443 a week for a London town house, or £23,083 over the whole year. Meanwhile, on his constituency [...]
Savvy homeowners considering whether to lock themselves into a fixed-rate loan May 14, 2009 WE all know that interest rates are at record lows levels, and that those with tracker mortgages are rubbing their hands in glee. Indeed, the Council of Mortgage Lenders said this week that mortgage costs are at their lowest since 2004. But it won’t last for ever. With some suggesting that the economy could start [...]
Savvy homeowners considering whether to lock themselves into a fixed-rate loan May 14, 2009 WE all know that interest rates are at record lows levels, and that those with tracker mortgages are rubbing their hands in glee. Indeed, the Council of Mortgage Lenders said this week that mortgage costs are at their lowest since 2004. But it won’t last for ever. With some suggesting that the economy could start [...]
WHAT’S AVAILABLE? BEST RATES May 14, 2009 First Direct offers a two-year fix of 2.99 per cent with a subsequent rate of 3.69 per cent (all rates are based on a 75 per cent, £150,000 mortgage). The fee is £898. Royal Bank of Scotland has a three-year fix of 3.99 per cent, rising to 4 per cent afterwards, with a £499 fee. [...]
WHAT’S AVAILABLE? BEST RATES May 14, 2009 First Direct offers a two-year fix of 2.99 per cent with a subsequent rate of 3.69 per cent (all rates are based on a 75 per cent, £150,000 mortgage). The fee is £898. Royal Bank of Scotland has a three-year fix of 3.99 per cent, rising to 4 per cent afterwards, with a £499 fee. [...]
FOCUS ON: PALMERS GREEN, N13 May 14, 2009 BLAGDENS CLOSE, SOUTHGATE, N14 6DE Price: £665,000 Located in a quiet cul-de-sac and within walking distance of Southgate Tube station – 40 minutes from Bank – this four-bedroom detached house has been extended to provide a lounge and fitted kitchen/family room. There is planning permission to extend further and the garden has been well maintained. [...]
FOCUS ON: PALMERS GREEN, N13 May 14, 2009 BLAGDENS CLOSE, SOUTHGATE, N14 6DE Price: £665,000 Located in a quiet cul-de-sac and within walking distance of Southgate Tube station – 40 minutes from Bank – this four-bedroom detached house has been extended to provide a lounge and fitted kitchen/family room. There is planning permission to extend further and the garden has been well maintained. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 14, 2009 FINANCIAL TIMESQINETIQ TO SELL UK UNDERWATER SYSTEMS ARM Qinetiq, the defence research group, has agreed to sell its UK underwater systems business for £23.5m as it continues to restructure its European division. Atlas Elektronik will take over the business, which makes sonar acoustic counter measures for customers such as the Royal Navy, protecting about 220 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 14, 2009 FINANCIAL TIMESQINETIQ TO SELL UK UNDERWATER SYSTEMS ARM Qinetiq, the defence research group, has agreed to sell its UK underwater systems business for £23.5m as it continues to restructure its European division. Atlas Elektronik will take over the business, which makes sonar acoustic counter measures for customers such as the Royal Navy, protecting about 220 [...]
CARLYLE GROUP TO PAY $20M FINE May 14, 2009 Private equity firm The Carlyle Group yesterday agreed to pay a $20m (£13.3m) fine, and to sign a strict code of conduct to resolve its role in an investigation into alleged corruption involving New York’s largest public pension fund. Carlyle, an $85.5bn private equity firm, will be the first buy-out firm to pay a fine [...]