1 in 3 Londoners have no retirement: How property could be the answer to a fruitful retirement July 11, 2018 Most people dream of a comfortable, long retirement, but with the current state pension sitting at just £125 per week, and the full new state pension (for a man born on or after 6 April 1951 or a woman born on or after 6 April 1953) just £168 per week, the reality is somewhat sobering. [...]
Pharma giant Takeda enters into $7.5bn loan agreement to fund Shire takeover June 8, 2018 Japanese pharmaceutical giant Takeda announced today that entered into a $7.5bn (£5.6bn) term loan credit agreement to fund Shire merger, with several financial institutions. The loan will be used to pay off a portion of the company's £46bn deal to take over the Ireland-based pharmaceutical company Shire which was agreed upon on 8 May. Although [...]
The missing link: Four ways blockchain will change the face of retail banking March 22, 2018 It's no secret that the retail banking system is in dire need of an upgrade. There is a strong case to be made for a decentralised banking system based on blockchain. With high barriers to entry (particularly in the financially vulnerable and unbanked section of the market), and the security concerns around centralised stores of [...]
It’s high time archaic cannabis prohibition went up in smoke February 5, 2018 Five years ago, Colorado and Washington became the first two states in the US to legalise cannabis. Alaska and Oregon followed, and at the beginning of this year, California and Nevada joined them. This month will see Maine start sales and Connecticut debate legalisation, while to the north, Canada will start selling on the same [...]
How the UK’s regulatory framework protects P2P investors December 7, 2017 The peer-to-peer (P2P) lending market was established in 2005, when Zopa became the first platform to connect individual lenders directly with borrowers. Since then, the market has evolved rapidly, as have the regulations underpinning investor protection – and this looks set to continue. In the UK, the sector has been overseen by the [...]
For King and Country: As Swaziland celebrates 50 years of independence, the king took to the stage to make an astonishing announcement June 8, 2017 Portraits of the Lion and the Great She Elephant — King Mswati III and his mother — stare down from the wall of the immigration office. The animal print pattern of the king’s tribal dress seems a world away from the border-bureaucracy of entry stamps and customs forms, but it’s part of the dichotomy of [...]