Mark Tosetti News Today

Good morning and welcome to your Morning Briefing for Friday 4 August 2023. To get this in your inbox every morning click here. Upskilling advisers  Choosing a long-term career is arguably more difficult these days given technology is changing the nature of the work we do at a rapid pace. The World Economic Forum’s

The Bank of England’s Monetary Policy Committee (MPC) has voted through its fourteenth consecutive base rate rise today. By increasing the base rate by 0.25% to 5.25% the MPC has taken the cost of borrowing to its highest rate since the financial crisis in 2008. Most analysts predicted a 0.25% rise (rather than 0.5%)

Roma Finance has appointed Samantha Williamson to senior relationship manager. Samantha was a senior underwriter before being promoted to bridging and

ONP Group has appointed of Sharon Beedham as group partnerships manager. Beedham has gained a wealth of legal and operational expertise during a career spanning 30 years. She joins from Optima Legal and will report to ONP’s group partnerships director Mark Tosetti. Tosetti says: "I have known Sharon for many years

Did the Bank of England (BoE) have any choice over the latest interest rate hike? And is a further raise warranted or even justifiable given how homeowners are suffering already? Confidence in BoE governor Andrew Bailey is at rock bottom. His effective stewardship of the Bank has been widely called into question. And

Today's announcement from the Bank of England that UK base rates are to increase by 0.25% from the previous rate of 4.25% to a new rate of 4.5%, must hardly

There is hope that the latest increase in the Bank of England’s base rate to 4.5 per cent will be the last, as the housing and mortgage industry fears borrowers will not be able to bear higher expenses.

Law firm says the expansion could create up to 70 more jobs