BOE

October 6, 2022
deVere suspends property division as UK mortgage crisis intensifies premium
We’ve made the decision to temporarily close deVere’s property investment division, with immediate effect, as inflation fears throughout the country heighten. The availability of credit was a concern and, as such, an imminent decline in property prices, so all property investment projects will be suspended for now. Of course, we realise that many clients across the globe will be concerned about current mortgages and protection, which is why we’ve set Read More
premium
Nigel Green
August 3, 2022
Bank of England’s rate hike would be harmful to UK economy premium
The forecast interest rate hike by the Bank of England to be announced on Thursday is harmful to the economy and is, in effect, a misery rate rise. The latest decision comes amid skyrocketing prices and indications the UK may face a recession this year. As the Bank of England took a passive stance for much too long in 2021 as the country was emerging from Covid lockdowns and prices were starting to soar, they now feel the need for an aggressive move on rate hikes. Yet I Read More
premium
Nigel Green