 International Expat News relating to the UK
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News
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New research indicates that 2.1 million Britons plan to get away from the troubled economy and work overseas in the next 12 months.
In addition, 20 million people claim to have friends or family working abroad, and 1.8 million state they periodically travelled to friends and family abroad on matters relating to business.
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News
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HSBC Bank International Limited today revealed that Singapore, the UAE and the US are the best locations to be an expat, according to findings of its Expat Explorer survey, the largest international survey of expats ever conducted.
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News
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 More than 35 staff from UK care homes were among Bupa employees from all over the world to win special awards for service excellence or innovation.
Each year the Bupa One Life awards receive nominations from Bupa's global workforce of 55,000 employees to reward and recognise those who have excelled in helping the company's customers.
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News
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For those expatriates who are coming to the end of a fixed rate mortgage, or those who are planning on returning to the UK and need to consider home finance, these appear to be worrying times.
Tim Harvey, managing director of specialist UK regulated mortgage brokers Offshoreonline.org commented, "Upwards of one in three housing deals are now falling through, as buyers struggle to find finance. For those needing to remortgage at the end of a fixed rate term, the choice can also look stark: Endure the high standard variable rate imposed by your existing lender or risk refusal elsewhere."
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News
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 Thursday's widely anticipated 25 basis point cut in Bank of England base rates further confirms the rapidly deteriorating macro-economic outlook for the UK, says Ted Scott (pictured), manager of the F&C UK Growth & Income Fund.
"This week's IMF Global Financial Stability Report and data released by the Halifax, revealing the biggest monthly fall in UK house prices since 1992, has clearly helped inject a sense of urgency into the Monetary Policy Committee's thinking. The MPC, which has been carefully balancing concerns about inflation against a slowdown in growth, is clearly very worried about the economic outlook and it is also possible they know something that the rest of us do not know," said Scott.
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Deposit Accounts
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Abbey International
has launched a new 1 year fixed rate deposit contract paying up to 6.25% gross
p.a/AER to complement its range of offshore deposit and Base Rate tracker
accounts. The account is a limited offer so can be withdrawn at any time,
without any prior notice.
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Bonds
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The Portfolio Account launched today by  Prudential International
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Funds
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Continental Europe still offers a number of good investment opportunities according to Roger Guy and Guillaume Rambourg, managers of the Gartmore European Selected Opportunities Fund and the Gartmore SICAV Continental European Fund.
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News
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Philipp Vorndran, senior investment strategist, asset
management division, Credit Suisse Asset management, comments on the
world markets
Financial markets continue to be volatile – has the economic situation worsened?
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News
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Results from the ‘Offshore Research’ Report undertaken
among Legal & General’s UK adviser base show that investment
advisers remain confident that offshore business will hold up despite
the threat of a global economic downturn.
Indeed more than three quarters of those advisers questioned (78%)
think that the volume of international business they transact will stay
the same or increase in the near future.
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News
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JPMorgan Asset Management (JPMAM) has announced that the
JPM Europe Dynamic Long Short Fund has been awarded the Eurohedge 2007
Award - European Equity (under US$500 million).
This is the second successive year that the Fund has won this award.
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