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      Cash-strapped Brits flogging their valuables for money has helped profit at pawnbroker Ramsdens grow by eight per cent. 

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debt markets

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

    Markets

    Welcome back to the City AM liveblog. Markets are set to start off the new week facing renewed threats on both the domestic and geopolitical front. Over the weekend, fractures that were forming in the US-Iran peace deal burst wide open after Iran’s top military command said it shut the Strait of Hormuz after “violations” [...]

    Aerial view of ships navigating the strategic Strait of Hormuz, highlighting its importance to global maritime trade routes
  • As it happened: FTSE 100 see-saws after inflation undershoots; Oil at $80 as Trump threatens ‘dropping bombs’ on Iran

    Markets

    Welcome back to the City AM liveblog. Fresh inflation data this morning showed a reading of 2.8 per cent leading the consumer price index unchanged from May. This came under the expectations of a poll of City analysts by Bloomberg that forecast inflation would come in at three per cent for May. Core inflation, which [...]

    Donald Trump addressing media at a press event, wearing a suit and tie, with reporters and cameras in the background.
  • Private credit is crowded — but disciplined capital still knows where to look

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    As more lenders move into private credit, the lower mid-market focused on financing small and medium sized businesses is standing out for a simple reason: it still rewards discipline. In a market increasingly focused on scale, selectivity may matter more. Private credit is no longer a quiet corner of the market. It is bigger, busier [...]

    RK Hero Direct Lending session showcasing financial experts discussing modern lending strategies in a professional setting

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  • Ocado to replace founder Steiner as shares plunge 

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