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
September 2, 2022
Heightened political uncertainty to make Sterling even weaker premium
The Pound will likely decline further and more radically next week if Liz Truss is named the UK’s next Prime Minister as expected. Sterling has registered its largest monthly fall against the Dollar since October 2016, at the height of the Brexit fallout. Last month, the Pound fell 4.5% to $1.16 and nearly 3% against the Euro. Sterling kicked off September with an additional 0.3% fall against the greenback. We forecast things will get worse for the Read More

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