Interest rate remains on hold at 0.25%

Bank of England Monetary Policy Committee Announcement 14th September 2017. At its meeting ending on 13 September 2017, the Monetary Policy Committee voted by a majority of 7-2 to maintain Bank Rate at 0.25%. The Committee voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central…

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DRAGHI’S COMMENTS WEAKENS EURO

The pound sterling got somewhat of a reprieve following heavy falls over the last week or two against the Euro, this came following comments from Mario Draghi the European Central Bank President speaking after the governing council meeting in Frankfurt. Draghi appears to be hinting at more stimulus, according to reports he effectively said that…

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Well Done Welsh Football

I know this has nothing to do with property but just had to mention the fantastic  acheivement by the Welsh Football team and all those involved, for getting to the semi finals of Euro 2016, they certainly did their nation proud, they went out of the competion last night to Portugal with their heads held…

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Low value of the Euro offers opportunities

Last week saw an 8 year low of the euro against sterling,  people  had the opportunity to buy in excess of 1.4 euros for £1 sterling,  this not only offers Brits cheaper holidays in Europe but offers some amazing bargains in the European  property market. The big question is…. have we seen the Euro reach…

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