NEWS ARCHIVES

NEWS ARCHIVE FOR APRIL 2008

Sipps have blossomed, says report
30th April 2008
A pensions and wealth consultant for Defaqto has said that self-invested personal pension (Sipps) have "blossomed" since their launch in...

Experienced landlords 'driving buy-to-let sector'
30th April 2008
A new survey that shows the proportion of buy-to-let remortgages is on the increase is a sign that professional landlords are driving the private...

Bulgaria 'has fast-growing economy'
30th April 2008
Bulgaria's economy is forecast to be one fastest-growing is Europe in 2009, according to the European commission (EC).Following growth of 5.8 per...

Bulgarian tourist resort reports growth
29th April 2008
The growth of Bulgarian Black Sea resort Sunny Beach has prompted calls for more workers to head to the area, reports the Sofia Echo.Elena Ivanova,...

Bulgaria 'offers cheap living costs'
29th April 2008
Bulgaria and Macedonia are the cheapest countries for food in the West Balkans, according to the EU statistical authority Eurostat.When prices across...

Expert offers buy-to-let industry account
29th April 2008
Property rental costs are on the increase due to a variety of factors - including rising demand for this kind of home, according to a spokesperson...

Tourists flock to south-west Bulgaria
28th April 2008
Thousands of tourists are expected to head to the south-west Bulgarian mountain resort of Sandanski during the forthcoming holiday period, which may...

CML urges commission to change focus
28th April 2008
The European commission should focus on supporting financial stability rather than going ahead with the White Paper proposals on the integration of...

Regulator 'looking forward' to working with DWP
28th April 2008
The Pensions Regulator is looking forward to liaising and working alongside the Department for Work and Pensions (DWP) as new pension legislation is...

Research 'crucial' when considering property investment
25th April 2008
Those considering buying an investment property should seek out advice on investing in the location, according to BuyAssociation.Property editor at...

Buy-to-let investors 'could snap up bargains'
25th April 2008
Investing in a 2nd mortgage in the present climate could mean buy-to-let investors will be able to find "bargain purchase," according to...

'Stable Bulgarian economy attracts investments'
25th April 2008
A member of the Bulgarian government has spoken highly what he referred to as the country's favourable business climate.When compared with other EU...

Financial strain 'may be slackening'
25th April 2008
Conditions in the financial markets may finally be improving, according to data from one market analyst.F&C Investment states that many people...

Residential property prices edging up in Bulgaria
24th April 2008
Bulgaria property has been shown to have registered a price increase of seven per cent in the first quarter of 2008, it has been reported.According...

Saving money 'priority' for young people
24th April 2008
Young Britons are prioritising saving money, according to one savings expert.Emma Byrne said younger people are now more inclined to boost their...

Bulgarian tourism figures get 2008 boost
24th April 2008
The Bulgarian tourist industry has been given a boost thanks to increased visits to winter resorts at the start of the year, according to the chair...

Investors 'taking risks in emerging markets'
24th April 2008
Investors keen to make gains by putting their capital at risk are increasingly looking to emerging markets for opportunities.So claims Barclays...

'Variety' supports Sofia's tourist pull
23rd April 2008
One of the factors that makes Sofia attractive to tourists is its geographical proximity to more rural locations.City guide Veneteslav Nikolov has...

Credit crunch 'encouraging increased savings'
23rd April 2008
Consumers establishing savings for their children are increasingly adopting a structured approach to investing funds, it has been claimed.The...

AMI looks to solve problems
23rd April 2008
Mortgage rates and the credit crunch are the subjects of a new white paper from a UK network of mortgage advisors.The Association of Mortgage...

Investor interest in RBS 'remains high'
23rd April 2008
UK investors have reason to feel confident about the future of the Royal Bank of Scotland (RBS), a new report suggests.Shareholders who have stayed...

Investors and property groups head to Bucharest
22nd April 2008
Property development professionals, investors, construction firms and architects will be among the visitors heading to Build Green CEE from April...

Lettings industry has grown, says Arla
22nd April 2008
The lettings industry has developed "from a cottage industry into a highly professional sector of the housing market" in recent years,...

CML welcomes Bank's special liquidity scheme
22nd April 2008
The Council of Mortgage Lenders (CML) has dubbed the Bank of England's new £50 billion liquidity scheme for UK mortgages "a welcome...

Marriott plans for Black Sea investment
21st April 2008
One hotel chain has indicated its faith in the future potential of the tourism industry in Bulgaria by opening its first hotel management contract in...

IMLA chief predicts better mortgage prospects
21st April 2008
The current mortgage-funding "logjam" should begin to ease following the Bank of England's decision to take action to support the UK...

IMA comments on investor requirements
21st April 2008
The Financial Services Authority (FSA) needs to weigh issues of quality "carefully against any pressure to depress standards", according to...

Bulgaria visa rules to be simplified
18th April 2008
Overseas property investors will no doubt welcome news that Bulgaria's government has approved simplified visa regulations.It follows the approval of...

Bulgaria visa rules to be simplified
18th April 2008
Overseas property investors will no doubt welcome news that Bulgaria's government has approved simplified visa regulations.It follows the approval of...

ETFs 'surging in popularity'
18th April 2008
Exchange-traded funds (ETFs), which track a particular exchange or index, enabling investors to buy into a range of companies through one share, are...

South-eastern countries vie for foreign investment
17th April 2008
Romania and Turkey are the most attractive countries in south-eastern Europe when it comes to the property investment market, it has been claimed -...

Bonds 'presenting attractive investment opportunities'
17th April 2008
Investors could potentially benefit from corporate bond sell-offs in the current climate, one industry commentator believes.PSigma Investment...

Bulgaria to establish Ministry of Tourism
16th April 2008
A new office which will aim to boost the number of visitors to Bulgaria has been given the green light by the country's National Board of Tourism...

Global growth 'driven by emerging markets'
16th April 2008
Global economic growth is being for the most part driven by emerging markets, according to the assessment of one expert. Jeff Chowdry, head of...

Stock market 'continues to have potential'
15th April 2008
A financial expert has moved to assure investors that the stock market can still yield positive returns, despite the current downturn in the...

Development boost for Romanian-Bulgarian border areas
15th April 2008
Bucharest will host a meeting between Bulgaria and Romania of the Committee for the Monitoring of the Cross-Border Cooperation Programme today.The...

HSBC: Diversification lacking from many managed funds
14th April 2008
Many of the investment funds that are described as being diversified are being mislabelled, according to experts at HSBC. Funds are often marketed as...

Isa uptake 'hitting record numbers'
14th April 2008
The number of individual savings accounts being used by consumers around the UK has reached record levels, it has been revealed. According to data...

Romania benefiting from salary increases
14th April 2008
Workers in Romania are starting to benefit from rising levels of income. Many Romanians are beginning to find working in their own country more...

Mortgage market 'requires greater liquidity'
11th April 2008
The chairman of the Council of Mortgage Lenders (CML) has called on the Bank of England to inject liquidity into the struggling UK mortgage...

Mature savers 'should evaluate their account benefits'
11th April 2008
Those consumers aged over 50 should take more time to ensure they are in good financial shape - such is the message from Alliance & Leicester...

Bulgarian commercial property investment 'booming'
10th April 2008
Growth on investment into the Bulgarian commercial property market was up last year by more than 35 per cent, according to a report. The value of...

Rate cut 'not necessarily bad news for savers'
10th April 2008
Savers can get protection against the effects of the cut in interest rates on their investments and savings, an expert says. Karen Wint, general...

Green investment market 'supported by ethical consumers'
10th April 2008
The success of the first ever green investment fund to be set up in the UK is due in part to customer support, its managers say.Jupiter's Ecology...

All incomes 'affected by mortgage withdrawals'
9th April 2008
Borrowers with fixed rate mortgages or any other type of home loan could be affected by mortgage withdrawals by financial institutions as lending...

UK tenant demand 'soaring'
8th April 2008
Demand for rented accommodation is soaring in the UK, according to the latest figures collected by Paragon. A poll of British landlords by the...

Romanian property market 'booming'
8th April 2008
Romanian property markets are booming and could offer an interesting prospect for anyone considering making an overseas property investment,...

Pension funds 'must make efforts to educate members'
8th April 2008
Too few pension providers invest time and effort into educating members of their defined benefit schemes, it has been claimed today.Industry...

Entertainment complex planned for Haskovo
8th April 2008
Plans have been unveiled to establish a new entertainment complex close to the Bulgarian city of Haskovo in months to come. It is currently...

Growing Bulgarian construction industry 'requires workers'
8th April 2008
The rate of growth within the Bulgarian construction industry means that the country is likely to require a larger work force in years to come, it...

Isa rush 'will extend into April'
7th April 2008
Those who have missed last year's tax-free individual savings account (Isa) opportunity may still wish to make the most of competitive offerings this...

Isas 'will be simpler and more flexible'
3rd April 2008
Individual savings accounts (Isas) are expected to become simpler and more flexible for consumers when new rules come into force on April 6th.So...

Velingrad 'enjoys soaring property values'
3rd April 2008
Property in one region of south-west Bulgaria nearly doubled in value during 2007, according to new figures.At December's close both residential...

Voluntary pension contributions 'halve in a year'
2nd April 2008
The scale of voluntary contributions into private or occupational pensions in the UK has almost halved over the course of the past 12 months, it has...

Sofia transport infrastructure development moves forward
2nd April 2008
An infrastructure development in Sofia has moved to another stage as authorities in the country have opened up a tender process for the associated...

Romanian tourists 'flocking to Bulgaria'
2nd April 2008
Seaside locations in Bulgaria are set to enjoy an influx of custom from a neighbouring nation over the coming weeks, it has been claimed.According to...

Turkish property investment gets greener
1st April 2008
The ecological credentials of property developments in Turkey have been bolstered in recent days with a new initiative announced by the...

Self-invest Isas 'increasingly attractive'
1st April 2008
Increasing numbers of individual savings account (Isa) holders are considering taking out products that allow them to make investments at their own...

Bulgarian holidaymakers looking for spa facilities
1st April 2008
A change in the priorities of Bulgarian holidaymakers has been noted today by one travel news provider in the region.Tourist information site...