Surging house prices and borrowing costs have driven a surge in home buyers taking out loans of 35 years or longer according to the latest data. Banking trade body UK …
Personal Finance
Lloyds becomes first high street bank to invest in community lenders after backing £62m fund
Lloyds Bank has become the first high street lender to invest in the community focused lending sector after backing a new £62m fund. The fund, launched alongside Big Society Capital, …
Paul Scully to quit as Conservative MP at general election
Former London minister Paul Scully is set to quit as an MP at the general election. Scully, MP for Sutton and Cheam, who bid unsuccessfully to become the Tory’s London …
O2 Academy Brixton announces reopening date this year
The 02 Academy in Brixton has announced reopening plans for later this year following the deadly crush just over one year ago. The venue announced on social media it will …
Gary Neville joins Tom Brady and Serena Williams at advisory and investing giant Consello
Former Manchester United and England footballer Gary Neville has been hired by global advisory and investing firm, Consello. Neville, who now works as a pundit as well as having several …
Windfarm on disgraced Tory donor’s land hit with fine for overcharging
A windfarm on the land owned by a disgraced former City financier and conservative party donor has been slapped with a fine for overcharging customers. Energy watchdog Ofgem today said …
Matalan turns to AI in ‘retail first’ as it predicts productivity to quadruple
Matalan launched a Generative AI (GenAI) tool in a “retail first” which it has said will lead to a quadrupling of productivity. The Liverpool-headquartered fashion and homewares retailer will use …
Boulter climbs WTA ranking with San Diego Open win
Katie Boulter picked up her first ever WTA 500 title as she beat Ukraine’s Marta Kostyuk in the San Diego Open final. The British tennis player is now 27th in …
Bank of England had 28 ‘major’ compliance breaches in a year but ‘good progress’ made
The public spending watchdog has found dozens of “major” compliance breaches at the Bank of England over the course of a year, despite it taking steps to address shortcomings. The …
Here are the new powers for Companies House that come into force today
The first set of powers from the Economic Crime and Corporate Transparency Act 2023 is set to come into force on Monday, as changes to Companies House come into play. …