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Mortgagelink Finance Ltd.

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1b Newgate Street
Morpeth
Northumberland
NE61 1AL



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Financial Intermediation

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finance

1. the management of revenues; the conduct or transaction of money matters generally, esp. those affecting the public, as in the fields of banking and investment.
2. finances,the monetary resources, as of a government, company, organization, or individual; revenue.
1. finance, pay
usage: obtain or provide money for; "Can we finance the addition to our home?"
2. finance, credit
usage: sell or provide on credit
1. finance, commercial enterprise, business enterprise, business
usage: the commercial activity of providing funds and capital
2. finance, economics, economic science, political economy
usage: the branch of economics that studies the management of money and other assets
3. finance, management, direction
usage: the management of money and credit and banking and investments
In the UK, the Chancellor of the Exchequer delivers an annual Budget speech on Budget Day, outlining changes in spending, as well as tax and duty. The changes to tax and duty are passed as law, and each year form the respective Finance Act. For example, changes to the law as a result of Gordon Brown''''s 2004 Budget form the Finance Act 2004.

The rules governing the various taxation methods are contained within the relevant taxation acts. For instance Capital Gains Tax Legislation is contained within Taxation of Chargeable Gains Act 1992. The Finance Act details amendments to be made to each one of these Acts. The main taxes are Excise Duties; Value Added Tax; Income Tax; Corporation Tax; and Capital Gains Tax.

morpeth

Morpeth is the county town of Northumberland, England. It is situated on the River Wansbeck which flows east through the town. The town is 1.25 miles from the A1, which bypasses it. Since 1981, it has been the administrative centre of the County of Northumberland. In the 2001 census the town had a population of 13,833. Nearby villages include Mitford and Pegswood.
The lower tier is Morpeth Town Council with 15 members. Morpeth is a civil parish with the status of a town. For the purposes of parish elections the town is divided into four wards: North Central, Kirkhill, Stobhill and South, each returning between three and five town councillors.

The upper tier of local government is Northumberland County Council. Since April 2009 the county council has been a unitary authority. Previous to this there was an intermediate tier, the non-metropolitan district of Castle Morpeth, which has been abolished along with all other districts in the county. The county council has 67 members, of whom 3 represent the electoral divisions of Morpeth Kirkhill, Morpeth North and Morpeth Stobhill. All three are members of the Liberal Democrats