Investments

Still upbeat on the residential front

FTSE forges ahead

After a period of resistance at the psychologically crucial 6,000 level, the FTSE 100 forged ahead to make new five year highs last week, with gains coming as the Bank of England announced another month of unchanged interest rates

Last week in London

The London market ended the week lower last week, ending a strong first quarter, says Quentin Smith at Old Mutual Asset Managers in the UK.

Transfer Duty Time to go!

In his February 2006 budget speech the Minister of Finance announced a substantial cut in the transfer duty payable on the acquisition, on or after 1 March 2006, of immovable or fixed property.