Murja re-brands to ATFS

Today sees the launch of Aquila Treasury Finance & Solutions (ATFS), formerly Murja Ltd, a Financial Conduct Authority (FCA) accredited treasury consultancy. ATFS will form the treasury and finance service of Altair, the housing consultancy, who are both wholly owned subsidiaries of Aquila Services Group plc. The ATFS re- branding is launched at the Scottish…

Latest House Price Inflation Indicators

The following is a summary of the latest indices relating to U.K. house prices.

Halifax: 4.5% YoY (Oct 2017)

Nationwide: 2.5% YoY (Oct 2017)

Rightmove: 1.4% YoY (Oct 2017)

ONS: 5.0% YoY (Aug 2017)

The Royal Institute of Chartered Surveyors reported a balance of +6% from its members in September (+6% in August).

Supported Housing Funding – The Next Steps

The Government published its long-awaited proposals on the future funding of supported housing at the end of last month. There will be three different approaches from April 2020 depending on the type of supported housing involved: Sheltered and extra care housing – housing designated for occupation mainly by over-55s with care and support needs, with…

MPC Decision

The Bank of England’s Monetary Policy Committee has released the voting decisions and Minutes of the meeting which ended on 01 November 2017. The Minutes reveal that the Committee voted 7-2 to increase the Bank Rate to 0.50% per annum (from 0.25% per annum). Two members (Jon Cunliffe and Dave Ramsden) voted against the proposition…

Fed FOMC Statement

The Federal Open Market Committee issued its latest statement today. The vote to keep the benchmark interest rate unchanged in the target range of 1.00-1.25% was unanimous. The key points from the statement are: Economic activity was upgraded from moderate growth to solid growth; Inflation assessment altered to indicate that core inflation remains soft instead…