KBRA Assigns Preliminary Ratings to Lugo Funding 2026-1 DAC July 22, 2026 KBRA Europe (KBRA) assigns preliminary ratings to seven classes of notes to be issued by Lugo Funding 2026-1 DAC, a static RMBS securitisation backed by a portfolio of mortgage participations and mortgage transfer certificates (together, Mortgage Certificates) issued by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). The Mortgage Certificates represent the economic rights to receive payments [...]
Morningstar Launches US Capital Allocation Leaders Index, Providing Exposure to Companies with Exemplary Capital Allocation Practices July 22, 2026 Global X to use Morningstar’s research-driven index in new Capital Allocation Leaders ETF
Accertify and Liminal Release First Empirical Study Proving Fraud-Cyber Convergence Works – and Defining How to Do It Right July 22, 2026 New research across 250 senior leaders identifies four organizational behaviors associated with a 3.4x performance advantage over siloed organizations
Scotch whisky sales are falling, but what’s really behind the decline? July 22, 2026 Whisky Business, City AM’s whisky supplement. The Scotch whisky sector and indeed the wider spirits market have faced a challenging six months, marked by a wave of negative headlines that have painted a bleak picture of the industry’s health. At the beginning of the year, data from restructuring firm BTG warned nearly one in five of [...]
Joby and Virgin Atlantic Finalize Deal to Bring Electric Air Taxi Service to the UK July 22, 2026 Joby and Virgin Atlantic sign multi-year agreement that builds on Joby’s existing exclusivity arrangement with Delta Air Lines London Heathrow and Manchester Airport expected to be among the primary UK connection points, with a plan to extend service across the UK over time Virgin Atlantic to integrate Joby’s UK services into its booking channels and support Joby’s rollout through its customer base and airport relationships
Wetherspoon shares dive as pub chain warns on profit again July 22, 2026 JD Wetherspoon shares slumped after it issued its fourth profit warning this year, as the pub chain grapples with surging food and energy costs and a rising business rates bill. Tim Martin, founder and chairman of the UK’s best-known pub chain, said: “Profits for the year are likely to be below market expectations, with marginally [...]
‘False dawn’: June inflation falls to 2.6 per cent but analysts say rises ahead July 22, 2026 Inflation remained stuck above the Bank of England’s target rate despite government promises to tackle the cost of living. The Office for National Statistics said consumer price index (CPI) inflation was 2.6 per cent in the year to June. Analysts predicted the price growth reading to be 2.7 per cent, lower than the 2.8 per [...]
Stop peer pressuring young people into the student debt swindle July 22, 2026 One in four graduates will end up worse off than they would have been had they not gone to university, but that’s not just down to imperfect information, it’s down to expectations that need to change, says Paul Ormerod The holiday season is now in full swing. Relaxation for most, but in many households tensions [...]
Manchester was Burnham’s rehearsal – now get ready to pay the bill July 22, 2026 Burnham has asked to be judged on Manchester – where his record is more spending, more borrowing and higher taxes, says Gareth Davies Andy Burnham walks into Downing Street with a simple pitch: judge me on Manchester. I am happy to take him up on it. Start with tax. In 2018, Mr Burnham created a [...]
Manchester United accused of banning loyal fans to make space for big-spending tourists July 22, 2026 Manchester United supporters have accused the club of attempting to force out season ticket holders in order to generate more revenue from tourists and corporates. Season ticket holders of several decades started receiving emails – seen by City AM – informing them their accounts had been restricted after the club identified activity “that may indicate” [...]