Home REIT’s efforts to renegotiate the terms of its £130m debt pile have fallen apart in a blow to the embattled social housing fund as it scrambles for stability after …
Financial Planning
UBS offers to repay former Credit Suisse clients 90 per cent of Greensill funds
Swiss banking giant UBS has offered to repay former Credit Suisse clients 90 per cent of the funds they invested with specialist finance firm Greensill Capital, which collapsed in 2021. …
Chelsea mansion on site of Henry VIII’s orchard goes on sale
An eight-bedroom mansion located on the site of King Henry VIII’s Chelsea orchard has been listed on the property market for £15.95m. The palatial home, which dates back to 1886, …
Blackstone pays Hipgnosis directors extra £250,000 for work on deal
Blackstone has awarded directors at Hipgnosis Songs Fund an extra £250,000 each to compensate for the increased workload required to complete the £1.2bn sale of the music rights company. The …
Rightmove: House prices remain stable despite soaring mortgage rates
House prices barely moved in June after reaching a record high in May, despite demand softening on fading hopes of a summer rate cut and general election uncertainty. According to …
Is ‘family’ the secret to the Home of Peppa Pig World’s success?
Jennifer Sieg sits down with the grandchildren of Paultons Park, Home of Peppa Pig World’s founders, to see what is in store for the family-run theme park’s next generation leadership. …
Esquires Coffee: Surge in new store openings brews huge sales boost
The company behind the Esquires Coffee chain has seen its sales jump by more than 30 per cent in the UK as a raft of new store openings begins to …
Astrazeneca drug gets US approval for use on endometrial cancer
Astrazeneca’s Imfinzi drug has been approved in the US for use on patients with primary or advanced endometrial cancer. The Food and Drug Administration (FDA) has issued approval for the …
London overtakes Paris as Europe’s biggest stock market after Macron’s election gamble
Emmanuel Macron’s election gamble has caused France to lose its crown as Europe’s biggest stock market, with London overtaking it to retake the title after spending most of the last …
Mindgym swings to loss as macroeconomic headwinds dent confidence
Mindgym swung to a loss in 2024 as macroeconomic headwinds impacted confidence in key sectors. Adjusted earnings before interest, taxation, depreciation and amortization (EBITDA) fell over 106 per cent from …