Lending by UK credit unions has surged in recent years, following the collapse of major payday lenders and cost of living pressures fuelling a rise in demand for credit. These …
Estate Planning
‘Sticky’ hurdle rates contributing to resilient UK business investment
The Bank of England’s interest rate hikes may not have impacted business investment as much as expected due to “sticky” hurdle rates, new research suggests. Higher borrowing costs should lead …
Baillie Gifford US Growth: Investor patience ‘will wear thin’ over underperformance
The £643m Baillie Gifford US Growth trust is at risk of investor patience wearing thin over its failure to keep up with the strength of US markets, analysts have warned. …
Costain chief: Super sewer-style PFIs would power up UK infrastructure
The UK should adopt a similar private financing model to that used in the construction of London’s £5bn super sewer, the chief executive of construction giant Costain said. The approach …
Regulator calls out Barclays and Santander for breaching retail banking order
Britain’s competition watchdog has rebuked Barclays and Santander UK for breaching rules on transaction history data and presenting information through open banking, respectively. The Competition and Markets Authority (CMA) opted …
‘It can be spaghetti out there’: can Cityfibre take on BT?
The UK’s altnet industry is a tangled mess of “spaghetti” – at least, that’s how the boss of Cityfibre put it earlier this year. Altnets, or alternative networks, such as …
Hilltop Honey secures £10m boost as it plans overseas expansion
Hilltop Honey has secured a £10m banking package from Santander UK as the brand looks to gain the financial support it needs to expand globally. The banking package includes stock …
Liverpool and Arsenal dominate football ticket scam league
Liverpool have been named top of the Premier League for football ticket scams, with fans of the club suffering the most fraud. Reds supporters fell victim to the highest number …
UK tech tycoon Mike Lynch among five bodies confirmed in Sicily yacht disaster
Five bodies have been found including UK tech mogul Mike Lynch, after four days of searching following the sinking of a luxury yacht sank off the coast of Sicily. The …
Subaru sales accelerate as UK demand outstrips supply
Sales at the UK company that imports Subaru cars surged by more than 40 per cent during its latest financial year despite demand outstripping supply. Subaru UK has reported a …