IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC May 29, 2026 Transaction advances portfolio transformation, sharpens focus on higher-growth, higher-margin businesses, strengthens balance sheet, and enhances value creation for shareholders
KBRA Releases Research – Spanish RPL RMBS: Resilient Performance and an Established Asset Class May 29, 2026 KBRA releases research that examines the key characteristics of Spanish reperforming loan (RPL) residential mortgage-backed securities (RMBS) transactions rated by KBRA, focusing on factors that may influence credit performance as the transactions season. The report also discusses the composition of the underlying mortgage portfolios, including restructuring profiles, arrears trends, pay rates, leverage, seasoning, and kept-rate [...]
Reeves’ summer of fun won’t deliver growth May 29, 2026 Instead of attempting to stimulate demand, Reeves should focus on helping hospitality from the supply-side, writes Matthew Bowles.
Moving abroad won’t save you from the British tax man May 29, 2026 Brits have become ensnared in tax traps following an upheaval of the system by Chancellor Rachel Reeves in the past two Autumn Budgets. UK households have been slammed by a number of shake-ups, including an extended freeze of the income tax thresholds, a hike to dividend tax and a new ‘mansion tax’ on properties valued [...]
Asana Acquires StackAI, Adding Cross-System Execution for Human-Agent Teams May 28, 2026 Acquisition adds orchestration for complex workflows that span enterprise systems, data, and teams
Music venues are in dire straits: V&A show asks how we can help May 28, 2026 As the V&A opens its Lost Music Venues exhibition, James Balmont asks we can save the grassroots institutions under threat A trip to the V&A often conjures up images of great Renaissance sculptures, haute couture and centuries-old tapestries – but those patronising the Kensington institution this summer will find something very different. In Lost Music [...]
KBRA Assigns Preliminary Ratings to Oban Cards 2026-1 PLC May 28, 2026 KBRA UK (KBRA) assigns preliminary ratings to five classes of notes to be issued under the Oban master trust structure, a UK credit card ABS programme backed by receivables originated and serviced by Vanquis Bank Limited (Vanquis Bank, the Company or the Servicer). The issuance relates to Series 2026-1 (the Series), which will be issued [...]
Family-owned Tottenham brewer falls into administration as industry pressures mount May 28, 2026 A beloved family-owned Tottenham brewery that was a key player in London’s craft beer renaissance has fallen into administration amidst mounting cost pressures on the industry. Redemption Brewing Company, which was the first commercial brewery to open in Tottenham in nearly 100 years, is officially listed on the formal register of new insolvency appointments as [...]
KBRA Releases Research – Energy Shock Tests Europe’s Consumer and Labour Resilience May 28, 2026 KBRA releases research examining how European and UK consumers and labour markets are absorbing another energy shock, with underlying resilience still evident despite weaker confidence and softer hiring. The report highlights that households enter the shock from a stronger aggregate position, supported by lower debt, elevated savings, and contained arrears, although these buffers are unevenly [...]
More Than Half of UK Businesses Say Hiring Has Become Harder as Employment Costs Rise by Almost 10% in a Year May 28, 2026 Employment Hero, the AI-powered employment platform, has published new data revealing that more than half of UK businesses believe employing staff has become more complex in the past 12 months, as rising costs and fears around new employment law requirements put fresh pressure on employers. The findings follow earlier research conducted by Employment Hero ahead [...]