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Property Prices To Date

House Prices

House Prices

Despite some crazy newspaper headlines about what’s happening to property prices, whether they are up or down, the reality is that from a national average property price perspective, nothing much is happening. And this has been the picture for the last two years as the chart and analysis shows below:- [Read more…]

Housing Market Returns To Growth

House Sales UK

House Sales UK

Housing Market Returns To Growth In October As Prices And Transactions Climb

– Transactions increase by 24% in October compared to previous month
–  House prices see first monthly increase since May, rising by 0.1% [Read more…]

RKH Group receives funding

RK Harrison Group receives funding

RK Harrison Group receives funding

RK Harrison Group Ltd (RKH), a leading London-based, independent insurance broker, recently secured a new £30 million refinancing deal with Clydesdale Bank and RBS.

The new revolving credit facility is a club deal with Clydesdale Bank and RBS both holding 50% of the funding and replaces RKH’s existing £23 million debt facility.

RKH employs around 560 staff at 12 offices in 8 locations worldwide and has a turnover of approximately £80 million.

The firm specialises in providing tailored solutions to businesses, insurance brokers, trade associations and private individuals operating across four broking subsidiaries – RK Harrison Insurance Brokers, RK Harrison Insurance Services, RKH Financial Risks and Bowood Insurance Brokers in addition to Aqueduct Underwriting Management, their MGA vehicle.

Established in 1882, RKH was incorporated in 1998 via a management buyout from Hiscox Harrison Ltd.

The company has enjoyed strong growth in recent years via a series of acquisitions.

The Clydesdale Bank Corporate and Structured Finance team was led by Paul Hambrook, a Director in the Corporate Banking team in London. He said:

“RKH has positioned itself as one of London’s foremost insurance brokers via a carefully targeted strategy of ongoing acquisition.

“The quality and breadth of the services the firm offers to the market across its four divisions have been instrumental in enhancing their reputation in the sector and we are pleased to be able to support them as they continue to realise their ambitions for the business.”

Modest growth predicted in 2012

Mexico City – Finance ministers and central bank governors of the Group of 20 (G20) nations expect modest growth this year as downside risks continue to threaten the global economy. While the world economy is slowly recovering, uncertainties remain with volatile international financial markets, soaring oil prices and high unemployment rates in many countries, they […]

Modest growth predicted in 2012 is a post from: TheBizSense Network

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