A wide-ranging review of historic motor finance commission arrangements has rocked the UK’s banking sector at a time when the biggest players are reporting record profits. Following a spike in …
Estate Planning
Troubles for Custodian as bidding war over Abrdn property trust escalates
Dissatisfaction among the shareholders of the Custodian Property Income REIT has erupted over the trust’s bidding war for the £203.6m Abrdn Property Income Trust. Custodian, who placed their bid for …
Debanking: First Farage, now London sex workers in bid to end ‘Victorian age’ lending
London campaigners are urging the government and mayoral candidates to help drag the capital’s adult entertainment workers out of a “Victorian age” of banking. The city’s sex workers are in …
ECB and Fed more concerned by risk of persistent inflation than slow growth, minutes suggest
The European Central Bank (ECB) and the US Federal Reserve are more concerned about a premature easing in monetary policy than potentially squashing the economy, minutes from the latest meetings …
Wicked Little Letters review: Olivia Colman entertains in thin British comedy
Wicked Little Letters is an entertaining if surface-level new British comedy An assortment of beloved British actors are put in a very unusual position in this UK comedy loosely based …
Anyone for Pimm’s? Diageo mulls sale of iconic British tipple
Diageo, the FTSE 100 drinks giant, is reportedly mulling the sale of three non-core brands, including summer time favourite Pimm’s. The alcoholic maker is said to have hired bankers at …
UK exits ‘outdated’ international energy treaty after talks break down
The UK will depart the ‘outdated’ Energy Charter Treaty after failing to reach agreements on modernisation for the framework. Set up in 1994, the treaty self-describes as providing “a multilateral …
Property lender Together toasts £50m profits as hopeful house-buyers told to stay positive as rates fall
High interest rates on mortgages helped property lender Together post profits of almost £50m during the final three months of 2023, according to new figures. The Cheshire-based company achieved an …
Almost 60 MPs call for Sir Lindsay Hoyle to quit as Speaker over Gaza vote
Some 59 MPs have called for Sir Lindsay Hoyle to resign as Speaker of the House of Commons following an acrimonious row over votes on an Israel-Gaza ceasefire. A so-called …
Direct investment platforms: Sales drop off as new competitor surges into the field
Sales on direct investment platforms trended downwards last year but still remained strong, as a new competitor to the market has surged into the field. Total direct market assets totalled …