KBRA Assigns Preliminary Ratings and Publishes Ratings for DFMG Holding GmbH October 5, 2026 KBRA Europe (KBRA) assigns its BBB+ preliminary ratings to DFMG Holding GmbH’s EUR [•] senior secured notes. KBRA also publishes the issuer rating of BBB and senior secured ratings of BBB+ for DFMG Holding GmbH. These ratings were assigned on an unpublished basis on 2 December 2025. The Outlook is Stable. GD Towers Holding GmbH [...]
UK bank bosses and John Healey set for tax showdown October 5, 2026 When banking lobbyists geared up for an offensive ahead of the 2025 Budget, a tax cut barely made the wishlist. Modest in their ambitions, advocates were preparing to settle for anything that didn’t see their already eye-wateringly high tax bill rise. That is until, City AM understands, officials advised them to make a cut a [...]
UK services sector marks two years of job losses October 5, 2026 The UK’s dominant services sector has suffered two years of continuous job losses despite moderate growth against the backdrop of intense trading disruption and high borrowing costs, new data has indicated. Researchers at S&P Global said a fall in employment over September across services firms meant the sector had now suffered two consecutive years of [...]
AI Arms Race Is Radically Reshaping the Fraud Threat in EMEA, FICO Research Finds October 5, 2026 Global survey of financial institutions on fraud protection shows 25%+ rise in fraud attempts for one-third of EMEA financial institutions as fraud complexity increases
Finimize and CVC Income & Growth Partner to Bring Credit Insights to UK Retail Investors October 5, 2026 Financial information platform Finimize has announced a strategic partnership with CVC Income & Growth, a closed-ended investment company, to deepen understanding amongst UK retail investors of income investing, credit and the opportunities available through investment trusts. The partnership will focus on bringing educational content to Finimize’s community of more than 1.2 million modern retail investors [...]
Healey’s headroom ‘could be wiped out by Iran war’ October 5, 2026 Chancellor John Healey’s fiscal headroom could be entirely wiped out by the impact of the war in Iran as economists said the Office for Budget Responsibility could offer a more pessimistic view on the UK economy. A central fiscal forecast by analysts at EY suggests that the Chancellor’s buffer against a borrowing target has fallen [...]
Britain’s second richest person leaves for Monaco amid tax bite October 4, 2026 Britain’s second richest person has left Britain for Monaco where billionaires can avoid paying income tax, inheritance tax or capital gains tax, according to reports. David Reuben, who also partly owns Newcastle United alongside Saudi Arabia’s Public Investment Fund, is joining his brother Simon in the principality, The Sunday Times reported. The two brothers were [...]
KBRA Assigns Preliminary Ratings for RRE 11 Loan Management DAC (Reset) October 2, 2026 KBRA UK (KBRA) assigns preliminary ratings to five classes of refinancing Notes issued by RRE 11 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. RRE 11 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP (“RRAM UK” or the “collateral [...]
G7 agrees to release diesel reserves after crisis meeting October 2, 2026 Leaders from the G7 have agreed to tap into 100m of diesel and oil from their reserves in a bid to stave off a soaring supply crisis and end an escalating feud between the Euope and the US. The club of wealthy democracies said on Friday that they would work with the International Energy Agency [...]
Price pressures hit firms amid uncertain outlook and fears of interest rate hikes October 2, 2026 Firms’ inflation expectations for the next 12 months rose higher, according to closely watched Bank of England survey, the results of which could pile pressure on policymakers to raise interest rates. The Bank’s monthly survey of firms’ price expectations, the Decision Makers’ Panel, showed price expectations becoming more jittery as costs from the energy price [...]