LendInvest warns of mortgage volatility as it ‘tightens credit appetite’ October 10, 2022 Mortgage fintech LendInvest said it was tightening its “credit appetite” today as it grapples with the volatility that has shaken the market in the wake of the government's so-called mini-budget.
Women in M&A: Challenge Accepted October 10, 2022 | City Talk M&A has long been an industry dominated by men. But things are changing. It’s hopeful to see that more women than ever count themselves as dealmakers, and more are making it to the top levels. Making positive changeDatasite recently conducted a survey of 600 M&A dealmakers this year to find out if and how the industry is [...]
3 Great Tech Roles To Apply For This Week October 10, 2022 Looking for a new job in tech? The UK is expected to add nearly 15,000 technology-related jobs this year, according to a recent report from the Computing Technology Industry Association (CompTIA), a nonprofit association for the information technology (IT) industry and workforce. The report also states that there are already two million tech workers across [...]
High-cost lenders pose ‘increased’ risk as cost of living rises, FCA warns October 6, 2022 High cost lenders need to tighten their lending criteria as cash-strapped Brits turn to debt to cope with the rising cost of living, the financial watchdog has warned.
Scammers circle as Brits pull emergency cash from pension pots October 6, 2022 Cash-strapped Brits looking to draw on their pension pot to cope with the rising cost of living are at risk of predatory scam tactics, the UK’s financial watchdog has warned today.
PCF Bank shares tank after emergency lending freeze October 5, 2022 Shares in London-listed PCF Bank have tanked more than a third today after the firm announced it would halt lending activity as it struggled with cash levels following a failed takeover.
Truss does not rule out raising state pension age beyond 67: ‘Whatever it takes’ October 4, 2022 Prime Minister Liz Truss did not rule out raising the state pension age when challenged. Resisting speculation on “all kinds of decisions that haven’t yet been made” she said she would “do what it takes” to address the economic outlook. Speaking to broadcasters in Birmingham, and asked if she will end up raising the state [...]
From Poll Tax to tampons and 10p rates: Historic U-turns that left governments red faced October 4, 2022 Kwasi Kwarteng was forced into a U-turn on plans to scrap the 45p tax rate yesterday, just ten days after announcing the proposal in his ‘mini-budget’. While undoubtedly embarrassing for the new Chancellor, he is by no means alone in having to rapidly rethink big Budget announcements. City A.M. caught up with AJ Bell head [...]
Kwarteng’s ‘mini budget’ sends mortgage bills soaring £1,500 October 4, 2022 The government’s mini budget has sent the average mortgage borrower’s bill soaring by £1,500 a year, new figures have shown, in a hike that has been dubbed a ‘Kwarteng premium’ by some brokers.
Pension giant L&G says liquidity strong despite ‘mini-budget’ fallout October 4, 2022 Pensions giant L&G moved to reassure markets of its cash position today after it was caught up in the economic fallout of the government’s mini-budget last week.
