Hints and tips:
...It argues that removing tax breaks from buy-to-let landlords would yield £5bn, and judging from the invective that followed Norma Cohen’s report of the report, the Foundation may be on to something....
...“From a housebuyer’s point of view there is a very real chance of instant negative equity,” said Alastair Stewart, a building and construction analyst at Collins Stewart....
...“We are sure that the supply of bank lending is not enough to refinance this borrowing,” Mr Collins said....
...Alex Potter, analyst at Collins Stewart, points to 1990s Japan, where zero- interest rates led to a squeeze on bank margins....
...Alex Potter, analyst at Collins Stewart, said the performance had been worse than expected, particularly given the fact that HBOS had updated the market in early November....
...The results are the stockbroker’s first since its demerger from Collins Stewart Tullett last December....
...Hawkpoint, the corporate finance business Collins Stewart bought last year when it was still part of Collins Stewart Tullett, increased its revenue by 13.7 per cent to £29.8m....
...Collins Stewart contributed £44.3m, up from £33.7m in 2005. Results for 2005 were depressed by a one-off £38.3m charge for reorganisation costs....
...Pensions: norma.cohen@ft.com andrew.hill@ft.com To comment, visit www.ft.com/lombard...
...After that I hope that Norma and I will be able, with the children, to get to The Oval in time for lunch and for some cricket this afternoon....
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