Browsing: financial stability News
Ann Summers Chairman Vanessa Gold has led a £5 million fundraising effort to bolster the fortunes of the renowned lingerie and sex toy retailer. The Gold…
Morrisons has achieved significant success by cutting its debt by £2.4bn, representing a reduction of nearly 40% through strategic restructuring efforts. The company extended its term…
Morrisons has announced a substantial reduction in its debt, achieved through a comprehensive restructuring process. The supermarket chain has managed to lower its total debt by…
Mansfield Building Society unveils a fixed rate product targeting those with past credit issues.Long-term stability is the key offering of this new product launched by Mansfield.Borrowers…
UK financial authorities announce new regulation to strengthen third party service resilience for financial firms.The Financial Conduct Authority (FCA) and Bank of England are implementing measures…
A recent survey reveals that independent financial advisers are increasingly concerned about the UK’s economic prospects over the next year.12% of advisers foresee their business in…
A recent survey reveals the economic outlook remains bleak, with nearly half of financial advisers predicting a downturn.A significant number of advisers worry about their clients’…
The third quarter of 2024 saw a notable decline in mortgage arrears across the UK, despite an uptick in home repossessions.Homeowner mortgages in arrears decreased by…
A Kent-based steel fabricator, Nusteel Structures Ltd, has transitioned to an employee ownership trust (EOT).The move was publicly announced via a LinkedIn post, marking a significant…
Social media platforms, especially TikTok, continuously shape trends across various sectors, including the job market.One notable trend is ‘career cushioning’, aimed at securing job and financial…
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