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Buy to let investors reaping rich rewards, says lender
LONDON - Buy to let properties continue to have a field day on the investment markets even though there was a marginal fall in September, lender Paragon Mortgages said in its monthly buy to let index calling the prevailing conditions the best letting conditions in years.
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Thu, 06 Oct 2005 08:25 GMT |
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Foreign investment levels scale high in UK
A United Nations report disclosed that investment from overseas companies in Britain turned four fold in the previous year, as a whopping £44 billion, ($78 billion) flowed into the economy, placing it second after United States in terms of investment flows.
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Fri, 30 Sep 2005 12:05 GMT |
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Standard Life rides high on A-day savings
LONDON - The proposed pension reforms that are effective from April 6 next year came under a fresh round of fire after Standard Life reported that its new-style personal pension plans had netted over £1 billion as the mostly wealthy investors prepared to welcome the new scheme designed to simplify pension savings
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Tue, 20 Sep 2005 18:05 GMT |
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Swedish poker company Ongame planning London float
LONDON - The third-biggest operator of poker websites Ongame is on the verge of appointing advisers for a London float. The Stockholm-based group appears to be undeterred by rival PartyGaming's warnings last week.
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Sun, 18 Sep 2005 17:50 GMT |
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ING acquires Abbey’s property portfolio
AMSTERDAM - ING Real Estate, a division of Dutch financial services group ING Groep NV, has announced that it had acquired the property portfolio of Abbey National PLC. The deal is valued at EUR1.74 billion in cash.
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Tue, 23 Aug 2005 07:05 GMT |
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European stocks gain from oil price surge
LONDON - European stocks surged in the backdrop of record crude oil prices and had attained a near three-year high at close on Tuesday. These stocks were also given a major boost as a U.S. Government report showed that there was higher productivity in addition to significantly less labor-cost than what had been predicted.
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Wed, 10 Aug 2005 09:45 GMT |
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Inheritance tax burden likely to touch £2.9bn this year
Did you know? Ever since the Labour came to power in 1997 the coffers has been raking in £1billion per annum from inheritance taxes according to MPs reports. The bad news is that this year mourning relatives, the number of which has more than doubled since the Labour came into power, may have to shell out as much as £2.9billion on the possessions of their loved ones.
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Wed, 13 Jul 2005 10:50 GMT |
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