6 d. ago UBS to liquidate funds with substantial First Brands exposure

Swiss bank grapples with $500mn of exposure to First Brands across its investment arms

Economics

2 w. ago DWP claimants could be 'wrongly identified' for bank account deductions

Investigators will also be able to request benefit claimants' bank account details

Economics

2 w. ago DWP update on expanding bank account checks to 'all sources of income'

Investigators would be able to directly take funds from people's bank accounts

Economics

3 w. ago Jefferies was ‘defrauded’ by First Brands, says chief executive

Rich Handler’s comments came as investors dumped US regional bank stocks over credit quality worries

Politics

3 w. ago WSL considers borrowing tens of millions to accelerate growth plans

WSL board examining ways of raising fundsLoans would be used to boost payments and prize moneyThe Women’s Super League is exploring borrowing tens of millions of pounds in an attempt to accelerate the growth of the competition. The WSL board has commissioned the investment bank Goldman Sachs and the accountancy firm Deloitte to examine ways of raising funding anda debt deal is the preferred option at this stage.The borrowing would be used to increase central payments and prize money awarded to clubs, with the aim of stimulating further growth in sponsorship, broadcast deals and club-led investment, as a result of creating a better product. Continue reading...

Politics

4 w. ago AI robotics firm raises funding with help from Scottish National Investment Bank

Launchpad opened a research and development centre in Edinburgh last year, solidifying ties with the city.

Economics