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Latest Alternative Investment company news
Last week saw the launch of Property Place, the world’s first ever property app on Facebook. Previously in beta, the full version of Property Place officially launched on Friday 20th of January, complete with over 400,000 properties.
Property Place lets you sell or rent out your property, or find someone to fill your spare room, using the social networking power of Facebook. Cutting out expensive estate and letting agents, Property Place is the cost-effective way to take control of what can ... [more]
The Financial Services Authority (FSA) announced on monday 26th december, plans to prevent a return of the risky mortgage lending seen in boom times, by ensuring that common sense standards continue to apply in future.
The Mortgage Market Review aims to prevent a recurrence of the irresponsible lending which resulted in some borrowers taking on mortgages which only seemed affordable on the assumption that house prices would always rise. Many of those borrowers ended up struggling to repay the... [more]
Following the Chancellor’s Autumn Statement, Phil Orford, Chief Executive of the not-for-profit small business body the Forum of Private Business, has responded to today’s Autumn Statement from the Chancellor, George Osborne.
“We welcome the announcement of 50% income tax relief and a one-year capital gains holiday for those investing in start ups under the Seed Enterprise Investment Scheme (SEIS), but the Government should have acted to encourage private lenders too,” said Mr Orford. “Small... [more]
Friends Life has signed a new long-term agreement with Best Doctors to include its valuable service in the company's new individual protection policies sold through recognised IFA channels.
The new agreement means that Friends Life will work in partnership with Best Doctors developing innovative services in the IFA market. Best Doctors is an expert medical information service for policyholders and their families.
The service, which will be available to all individual protection customers ... [more]
The Federation of Small Businesses (FSB) is concerned an HM Revenue and Customs (HMRC) consultation which closes on Monday, that could lead to implementation of spot checks on company records, will be used purely as a revenue raising exercise.
The consultation, 'Business Records Checks', states that 50,000 small businesses will be targeted by HMRC agents in order to check that their business records meet minimum reporting standards. If not, a fine of up to £3,000 will be levied, with the pot... [more]
Recent economic data has shown a weakening in manufacturing output and only a modest improvement in GDP and inflation. This, combined with the additional strain on the consumer as prices rise and wages not growing in-line with inflation, will pile on the pressure for the nation's 4.8 million small firms.
The Federation of Small Businesses (FSB) urges the Government to make this possible by introducing a true fuel stabiliser and signal that consumer taxes will not rise again. Importantly, the ... [more]
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