The spectre of 2008 haunts banks’ push into private credit Banking Britain’s biggest banks are trying to grab a slice of the rapidly expanding private credit market, but as they look to grow, memories of the financial crisis are coming back to haunt the lenders. The global private credit market notched $2 trillion (£1.5 trillion) assets under management in 2024 and is expected to grow to $2.8 trillion [...]
More than 10,000 millionaires have left Britain in a year – this is where they’re all going Personal Finance More than 10,000 millionaires left Britain last year, partly to avoid higher taxes – with many quitting for more glamorous destinations. In total Britain lost a net 10,800 millionaires in 2024, according to the New World Wealth (NWW) analytics firm, more than any other country except China. That is a rise of 157 per cent [...]
Meltdown and Merlot: enquiries about luxury nuclear bunkers reach record high property The UK's super rich are enquiring about nuclear bunkers at record levels, according to a leading provider of the apocalyptic safety net.