Government could take Abramovich to court over £2bn from Chelsea sale Sport Business The government is reportedly preparing to take former Chelsea owner Roman Abramovich to court to get their hands on £2bn from the sale of the club. The oligarch previously said that the money from the sale, currently frozen in a bank account, would go to those hit by Russia’s invasion of Ukraine. But ministers have [...]
Abrdn changes name back to Aberdeen and swings back to profit Investing Abrdn has rounded out a bumper year with a return to profit and a total revamp of its brand. The company announced it will change its name back to Aberdeen as it begins the search for its next chairman, who will succeed Sir Douglas Flint. Group chief executive Jason Windsor said: “We are changing our [...]
Value of UK housing stock hits £9 trillion for the first time Property The total value of all homes across the UK has passed £9 trillion for the first time, according to new research by property firm Savills. After a brief slump in 2023, the UK’s housing stock grew by £346bn last year – meaning it is now more than 3.5 times the annual GDP of the UK. [...]
Polar Capital shakes off August’s market meltdown October 10, 2024 Polar Capital has reported an uptick in assets under management after the specialist fund manager shook off a hit from August's market meltdown.
Gold price: what’s behind the safe haven’s latest rally? May 25, 2024 The price of gold - one of the ultimate safe haven assets - has risen nearly 30 per cent since August last year. What's behind the rally?
Prenups on the rise as couples secure assets before tying the knot March 31, 2024 The rise in popularity of prenups is a trend that London-based law firm Stewarts has been witnessing over recent years.