One Savings Bank chief attacks 'barking mad' no-deal Brexit

He was speaking as the specialist mortgage lender unveiled first-half results yesterday in which it warned that “it is clear that the overall housing market is subdued, with Brexit and geopolitical concerns weighing on pricing and activity”.

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OSB and Charter Court increase lending as merger on course for Q3 completion

OSB said this was down to the changing mix of the loan book as higher yielding back book loans were refinanced onto front book pricing.“Following receipt of shareholder approval in June and CMA clearance in July, we await approval from the relevant UK regulatory authorities to complete the trans

Brexit proves a challenge to mortgage lenders in plans to merge

The specialist mortgage lenders Onesavings and Charter Court Financial Services, which are due to merge by the end of the year, were the biggest fallers on the FTSE 250 this morning.

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OneSavings Bank posts flat profit after being hit by merger chargers

The loan book increased 23.8% to £7mln on new business of £1.5bn, boosted by strong demand across buy to let and specialist residential lending.The transaction will help bolster the challenger banks’ defence against Brexit uncertainty, a slowing housing market and tough price competition in mort

Challenger bank moves into Scotland with help to buy mortgage service

Its three brands, Precise Mortgages, Exact Mortgage Experts and Charter Savings Bank, provide buy to let and specialist residential mortgages; mortgage servicing, administration and credit consultancy; and retail savings products.The company, founded in 2008 by its senior management team, is foc

Record investment in UK tech

The official figures, released overnight by the government’s digital economy council, suggests that Britain remains the most attractive country in Europe for overseas technology investors.High-tech companies have received a record $6.7 billion in new funding this year, 50 per cent more than the

OneSavings Bank reports loan growth as Charter Court merger progresses

The group said the professional buy-to-let segment and some more specialist businesses had been particularly successful.Net interest margin was down more than analysts had expected, coming in at 278 basis points compared to 301 last year, due to refinancing of the higher-yielding back book.I

Why Italy's political crisis will push Australian bond yields lower

“Some measures had been successful in reducing government bond yields, which had flowed through to lower interest rates for private borrowers.”As the Reserve Bank of Australia governor Philip Lowe has acknowledged, Australia is also hostage to the actions of other central banks.Investors, of

Charter Court Financial Services Grp PLC Another strong half year of originations

Financial highlights Strong balance sheet growth • Loan book up 23.8% year-on-year to £7.0 billion at 30 June 2019 (30 June 2018: £5.7 billion, 31 December 2018: £6.7 billion), or 33.7% (30 June 2018: 41.7%, 31 December 2018: 34.7%) excluding the impact of structured asset sales, driven by strong or

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, NZD/USD

Last week I looked at the initial build of a falling wedge pattern and this led to a continued test of support at the .6403 Fibonacci level, which is the 61.8% marker of the 2008-2011 major move in the pair.This can open the door to bullish reversal potential, initially targeting .6450, followed

GBP/JPY, GBP/USD, EUR/GBP Consolidate Losses After Latest Brexit News

However, long-term fears of a no deal, “hard Brexit” are likely to linger as neither the UK nor the EU appears willing to abandon key positions once negotiations resume after summer holidays.But this would not be the worst case scenario for the British Pound; in the event that Scotland holds a s

BREAKING: Pound Sterling Exchange Rates JUMP Vs Euro, Dollar On Merkel Backstop Comments

Advertisement Save money on your currency transfers with TorFX, voted International Money Transfer Provider of the Year 2016, 2017 and 2018.Their goal is to connect clients with ultra competitive exchange rates and a uniquely dedicated service whether they choose to trade online or over the tele

British Pound Slides As EU Leaders Reject PM Johnson's Calls To Scrap Irish Backstop

Advertisement Save money on your currency transfers with TorFX, voted International Money Transfer Provider of the Year 2016, 2017 and 2018.Calling Johnson's efforts "hypocrisy of the highest degree", Welsh First Minister Mark Drakeford unleashed a series of tweets criticising the government's e

Brexit Breakdown: Pound-Dollar Rate Eases As UK-EU Negotiations Breakdown Over Irish Backstop

Advertisement Save money on your currency transfers with TorFX, voted International Money Transfer Provider of the Year 2016, 2017 and 2018.Their goal is to connect clients with ultra competitive exchange rates and a uniquely dedicated service whether they choose to trade online or over the tele

GBP/USD Dips, EUR/USD Eyes Italian Politics, AUD/USD Bounces on RBA - US Market Open

Either gather party leaders in order to form a technocratic government with the sole purpose of passing the 2020 budget (due October 15th) or call for snap elections, which could take place as soon as the Autumn (most bearish scenario).The Pound dipped below 1.21 against the greenback as UK PM J

UPDATE 1-Pound drops as Brexit talks tensions rise

Image Credit: StoryBlocks The pound dived towards near three-year lows against the euro on Tuesday after the United Kingdom headed towards a showdown with the European Union over Brexit negotiations.Against the euro, the pound weakened by 0.5% to 91.71 pence, not far away from an October 2016 l

Sterling briefly rebounds from near three-year lows

British prime minister Boris Johnson fired the opening salvo in his bid to renegotiate Britain’s divorce terms from the EU, saying that the “backstop”– the insurance policy included in Britain’s Withdrawal Agreement with the EU to avoid the return of a hard Border – should be replaced with a pledge.

Pound drops as Brexit talks tensions rise

By Saikat Chatterjee LONDON, Aug 20 (Reuters) - Sterling briefly rebounded from near three-year lows versus the euro on Tuesday after German Chancellor Angela Merkel said the European Union would think about practical solutions regarding the post-Brexit Irish border.Though the British currency l

Social media goes into meltdown as Richard Bacon presents GMB

“This country depends upon trade, people’s jobs depend on us being able to sell our goods abroad.Richard Bacon hosted Good Morning Britain this morning alongside Ranvir Singh while Piers Morgan and Susanna Reid enjoy the summer off.“I don’t know who leaked it, but it was their patriotic duty

Social media goes into meltdown as Richard Bacon presents GMB

“This country depends upon trade, people’s jobs depend on us being able to sell our goods abroad.Richard Bacon hosted Good Morning Britain this morning alongside Ranvir Singh while Piers Morgan and Susanna Reid enjoy the summer off.“I don’t know who leaked it, but it was their patriotic duty

'Why is Richard Bacon so concerned about Brexit when he lives in LA?': GMB viewers' anger at anti-Brexit presenter ...

Bacon (pictured with co-host Ranvir Singh) is facing a barrage of criticism on social media as he fills in for Piers Another said that he looked as though he'd fallen straight out of bed and onto the ITV set.The former Blue Peter star - who has regularly spoken out against Brexit - is being ac

BoE boss dismisses claim on 'standstill' Brexit trade

“There will be no tariffs, there will be no quotas because what we want to do is to get a standstill in our current arrangements under GATT 24, or whatever it happens to be, until such a time as we have negotiated” a free trade agreement, Johnson had said in a televised debate on Tuesday.Johnson

Bank of England to mull access for likes of Facebook's Libra

The bank said the shift toward a greener economy also poses financial risks, including to banks and insurance companies that invest in energy companies.In prepared remarks to bankers in London, the bank’s governor, Mark Carney, said it “makes sense to consider” extending access to new payment pr

Pound inches higher as Boris Johnson 'plans two-year Brexit transition'

He said the market “remains wary of his intentions,” with a growing sense Johnson may “present a slightly different face to each different constituency.” Mold added: “The pound has tended to draw comfort from the prospect of a managed Brexit and recoil from a no-deal scenario, because economists and

Brexit extension inevitable if the new Prime Minister wants a different deal, says former UK ambassador to the EU

Sir Ivan Rogers, the ambassador who was forced out under Theresa May after advising a new trade deal with Europe would take ten years to finalise, also warned that European capitals were increasingly resigning themselves to the prospect of a ‘no deal’ Brexit.

Download Intellicast App And Track Real Time Weather Updates On Android

The application gives real-time updates about the weather and also pushes notification on the smartphone in order to give the alert messages.The application has been highly rated on the Google Play Store.It uses various satellite data and calculates the potential of rain and other weather co

How Deep Linking Benefits Your Mobile Strategy

If deep links are properly set, the user would automatically be sent to the ecommerce app and directly to the specific product’s page.Retailers, for example, may use deep links in marketing emails or ad banners to drive users to particular product pages.The user gets interested in a particul

Noel Gallagher tells Brexit protesters to 'go to North Korea'

We recognize you are attempting to access this website from a country belonging to the European Economic Area (EEA) including the EU which enforces the General Data Protection Regulation (GDPR) and therefore access cannot be granted at this time.

Liam Gallagher needs bigger house to home parkas

"I don't know what I was going for, but it looked a bit Bon Jovi and that wasn't it.Liam Gallagher is thinking of moving house - because he owns too many parkas to fit in his current property.

Noel Gallagher would 'rather eat sh*t' than listen to Liam's music

‘If it’s not them it’s the f*cking Kings Of Leon, I don’t know what’s wrong with British music these days but f*cking Yanks it’s all with the pyrotechnics and sh*t pattern in between songs and f*cking hydraulic drum rises.’ If you've got a story, video or pictures get in touch with the E

'Don't like fools' democracy? Go to N. Korea!' Noel Gallagher joins celeb club of fiery Brexit rants

That's the rise of the c*** trying to get the vote overturned."Some Remainers, not excited by the prospect of moving to North Korea, insisted that the referendum was invalid due to it being won "by lies and false promises."The outspoken Britpop icon slammed both Brexiteers and Remainers, say

Noel Gallagher: I'd rather eat s**t than listen to Liam's music

The 52-year-old rocker has been locked in a feud with his younger sibling ever since the demise of Oasis in 2009, and has said he has no interest in checking out Liam's solo ventures, as he'd rather "put s**t on a pizza" and eat it.If it's not them it's the f***ing Kings of Leon, I don't know wh

Oasis star Liam Gallagher speaks out about shocking images showing him grabbing girlfriend's throat

“That’s the rise of the c*** trying to get the vote overturned.Exclusive Exclusive Exclusive Exclusive He blasted: “F****** student debater, f****** captain fishy craggy old f****** donkey, f*** off.” And on Brexit, he said: “There’s only f****** one thing worse than a fool w

Liam Gallagher's daughter Molly: Dad was absent for 20 years, but I don't look back in anger

Her words might have been inspired by one of the biggest Oasis hits.Liam Gallagher’s daughter says she feels no anger towards her father, whom she did not see during the first 20 years of her life.Molly Moorish-Gallagher, 21, says in her first interview about her father, in today’s Sunday Ti

Interview: Oasis star Liam Gallagher and his children talk exclusively about fatherhood and family life

“Oi oi, mate, eyes on the road,” Liam leans over my shoulder to address a car behind me.

UK Economy Set for Slowdown as Brexit Stockpiling Boost Fades

The labor market has been the bright spot since the 2016 Brexit referendum, with unemployment at its lowest rate since the 1970s.Whoever takes over from Prime Minister Theresa May, who resigned as Conservative Party leader on Friday, will inherit an economy under pressure as Brexit uncertainty c

Applegreen says trading in Brexit-hit UK 'challenging'

Meanwhile, the group's business in the United States, where it has over 120 sites, is performing "well", he said, adding: "We continue to explore new opportunities in this market."

A welcome note from Applegreen

The company said in an update yesterday that trading for the group had been in line with expectations for the year to the end of May.

Ex-UK Trade Minister Disagrees With Trump's Assertion That US Deal Can Make Up for Brexit

Could a U.S.-Britain trade deal help take the sting out of Brexit?She cited a Parliamentary study that found that Brexit and the associated cost of disrupted trade with the EU would reduce the U.K.’s GDP by between 2% and 8% over a 15 year period.That’s not to downplay the importance of a st

Liverpool and Brexit Bring British Bankers to Luxembourg's Pubs

Brexit has made Luxembourg a favorite EU hub for insurers, funds and asset managers to relocate to from the U.K. Moves include those by insurance giant American International Group Inc., private-equity firm Blackstone, RSA Insurance Group Plc, U.S. insurer FM Global, Lloyd’s of London insurer Hiscox

A Silicon Valley fintech is looking to supercharge access to financial data for UK startups

Now the San Francisco-based company is rolling out its services in the UK, Europe’s hub for fintech startups.It provides a kind of connective tissue between financial companies, linking firms like PayPal-owned payment service Venmo with consumer bank accounts, and says its software is integrated

Brexit Sees New York Surge Past London as World's Top Finance Hub

It was sold as a way to turn Britain into an economic powerhouse, but the only people benefiting from the Brexit vote so far seem to be Britain’s direct competitors.New York has now steamed past London as the world’s leading financial center due to the “full-blown crisis” of Brexit, according to

Brexit sees London fall behind New York as top financial hub

Meanwhile, a financial services forecast published by the EY ITEM Club on Tuesday suggests that consumer lending, mortgage borrowing and business lending are all set to see growth slow to less than 2% this year.Dublin, Frankfurt and Luxembourg also fared better this year as Europe's finance indu

Brexit helps New York take top finance spot from London

Britain’s departure from the EU has already been delayed twice, with the next deadline set for Oct. 31, and uncertainty over future bilateral trade relations has prompted banks, asset managers and insurers to set up operations in the bloc to maintain links with customers.Duff & Phelps said Dubli

London slips behind New York as world's financial capital, survey says

Monique Melis of Duff & Phelps, said: “Brexit has cast a shadow of uncertainty over the UK’s world-class financial sector and its ability to dominate other major financial hubs in the coming years.

Claim: David Cameron Considering Return to Front-line Politics

A stumbling block to the return of former Prime Minister Cameron and his loyal lieutenant Osborne Osborne is whether they would be willing to serve under Boris Johnson, the current frontrunner to succeed Theresa May.One source close to Mr Cameron said at the time that Cameron had been “bored shi

Labour come rare second in Wigan after landslide Brexit Party win

Pro-European party, Change UK, also received a small minority of the vote with only 2026 supporters in the Wigan borough.Following the results on Sunday night, Wigan Council revealed how many votes each individual party had received.

European Election results: How did people vote in Cumbria?

Nationally Nigel Farage's Brexit Party picked up the most seats with 28, the Liberal Democrats won 15 (up from one), Labour had 10 elected MEPs (down from 20) and the Greens boast seven seats (up from three), three seats for the Conservatives (down from 15) and one for Plaid Cymru (up from 0).Vo