Banks get richer at investors expense

Brett Alegre-Wood
September 1, 2009

Investment News - Banks increase profit margins

Welcome to this week's investment news. Today, we uncover just how much the banks are making from us as we're told of their increased profit margins. We'll compare SVR (see investment news here) to LIBOR (London Inter Bank Offered Rate) and work out exactly how little benefits they've passed on to us.

One economist spoke up to tell us why she predicts a painful end to the good times. Find out why she thinks public money would be better spent on topping up household wages rather than spending billions more in rescuing the banks.

Finally, could the worst be yet to come? Let's take a look at why economists are still pessimistic about the market and why the public is happy and smiling contrary to that? And is the world economy finally bouncing out of recession?

My thoughts for the week is that off plan is definitely starting to make you money not just in the banks. If you want to buy off plan than now is the time. As always if you have any questions or want to have a chat about current opportunities call the team on +44 (0)207 923 6100 or www.ezytrac.co.uk.

Live with Passion,
Brett Alegre-Wood


Tags

Property Videos


Our Picks - Regeneration Hotspots

We Give You First Access & Negotiate Discounts on london and UK Property Development in the latest Regeneration Hotspots.

London

Manchester

Birmingham

Reading

Plumstead

London

Manchester

Birmingham

Reading

Current Developments

Related Property Articles & News

UK Property Rant Podcast – 1 Dec 2022 with Brett Alegre-Wood, Ryan Rahnavard, Himansu Joshi & James Cox

UK Property Rant Podcast – 1 Dec 2022 with Brett Alegre-Wood, Ryan Rahnavard, Himansu Joshi & James Cox

4 Best Cities to Invest in the UK

4 Best Cities to Invest in the UK

One Great Property Idea
Masterclass

How Property Investors with Little Time Can Invest in New Build and Off Plan Property using a Regeneration Strategy and Where Exactly to Invest in 2022.

THIS WEDNESDAY @

530pm London GMT

THIS WEDNESDAY @

530pm London GMT

Property Investment... Effortlessly Done For You!