No smoke without fire in BAT boardroom, Vereker charms the CBI and Nationwide’s 10x deal September 21, 2018 No prizes for guessing what the directors of British American Tobacco (BAT) are smoking – it’s all about next-generation products these days. Still, the owner of Lucky Strike and Dunhill believes there’s enough life in its core portfolio to sound an optimistic note about the future of the business under its next chief executive. Like [...]
No smoke without fire in BAT boardroom, Vereker charms the CBI and Nationwide’s 10x deal September 21, 2018 No prizes for guessing what the directors of British American Tobacco (BAT) are smoking – it’s all about next-generation products these days. Still, the owner of Lucky Strike and Dunhill believes there’s enough life in its core portfolio to sound an optimistic note about the future of the business under its next chief executive. Like [...]
Rothesay Life the frontrunner to acquire £900m Government mortgage portfolio September 20, 2018 British insurance giant Rothesay Life is the frontrunner to acquire a £900m mortgage portfolio from the Government, it has been reported. Rothesay will buy the equity release mortgages from UK Asset Resolution (UKAR), according to Sky News. Read more: What effect did the financial crash have on UK property? The news comes six months after Rothesay Life acquired [...]
Rothesay Life the frontrunner to acquire £900m Government mortgage portfolio September 20, 2018 British insurance giant Rothesay Life is the frontrunner to acquire a £900m mortgage portfolio from the Government, it has been reported. Rothesay will buy the equity release mortgages from UK Asset Resolution (UKAR), according to Sky News. Read more: What effect did the financial crash have on UK property? The news comes six months after Rothesay Life acquired [...]
Season finale: Sky takeover battle to be decided by dramatic weekend auction September 20, 2018 The stage is set for the hotly-contested battle for Sky to reach a dramatic conclusion when the bidding war is decided at a quick-fire auction on Saturday. Comcast will go head-to-head with Rupert Murdoch’s 21st Century Fox and Fox’s soon-to-be owner Disney in an auction that will price Sky at a minimum of £26bn. The [...]
Season finale: Sky takeover battle to be decided by dramatic weekend auction September 20, 2018 The stage is set for the hotly-contested battle for Sky to reach a dramatic conclusion when the bidding war is decided at a quick-fire auction on Saturday. Comcast will go head-to-head with Rupert Murdoch’s 21st Century Fox and Fox’s soon-to-be owner Disney in an auction that will price Sky at a minimum of £26bn. The [...]
Barclays faces probe from Treasury Select Committee into six-hour outage September 20, 2018 Barclays faces an investigation from the Treasury Select Committee after it yesterday became the latest lender to experience a major systems failure. Millions of customers were unable to access online banking, telephone banking, as well as branch services for as long as six hours. The Treasury Select Committee is likely to ask the bank similar [...]
Barclays faces probe from Treasury Select Committee into six-hour outage September 20, 2018 Barclays faces an investigation from the Treasury Select Committee after it yesterday became the latest lender to experience a major systems failure. Millions of customers were unable to access online banking, telephone banking, as well as branch services for as long as six hours. The Treasury Select Committee is likely to ask the bank similar [...]
MPs demand answers from Cashplus after IT failures leaves customers locked out of accounts September 20, 2018 The Treasury Committee has demanded answers from fintech firm Cashplus after outages left customers unable to make payments or withdraw cash. Customers had complained of being locked out of their accounts since the beginning of the week and unable to make or receive payments. Nicky Morgan, chair of the Treasury Committee, has now written to [...]
MPs demand answers from Cashplus after IT failures leaves customers locked out of accounts September 20, 2018 The Treasury Committee has demanded answers from fintech firm Cashplus after outages left customers unable to make payments or withdraw cash. Customers had complained of being locked out of their accounts since the beginning of the week and unable to make or receive payments. Nicky Morgan, chair of the Treasury Committee, has now written to [...]