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Scottish Investment trust proposes merger with JPMorgan trust

Yesterday’s announcement that the board of the Scottish Investment Trust, the self-managed company that was established in 1887, proposes to merge with JPMorgan Global Growth & Income should act as a wake-up… The post Scottish Investment trust proposes merger with JPMorgan trust appeared first on London Business News | Londonlovesbusiness.com.

London forecourt trader seals £75m deal with HSBC UK to acquire 27 petrol stations

Bromley-headquarted forecourt trader, Park Garage Group, has purchased 27 petrol stations across the UK from the EG Group with the support of £75m of funding from HSBC UK. The third… The post London forecourt trader seals £75m deal with HSBC UK to acquire 27 petrol stations appeared first on London Business News | Londonlovesbusiness.com.

A fall in trade between the UK and EU shows UK SMEs are shunning EU exports

Latest data from the Office for National Statistics (ONS) shows a second consecutive monthly fall in trade, with the effects of Brexit and the global pandemic resulting in the total… The post A fall in trade between the UK and EU shows UK SMEs are shunning EU exports appeared first on London Business News |…

FTSE 100 dips after inflation fall

The FTSE 100 started a bit lower on Wednesday after UK inflation moderated to come in just short of expectations. AJ Bell financial analyst Danni Hewson: “However, these figures are… The post FTSE 100 dips after inflation fall appeared first on London Business News | Londonlovesbusiness.com.

Institutional investors and wealth managers are looking to further diversify portfolios

A new study reveals over half (53%) of professional investors believe that over the next two years, institutional investors will look to dramatically increase the level of diversification in their… The post Institutional investors and wealth managers are looking to further diversify portfolios appeared first on London Business News | Londonlovesbusiness.com.

Government to bring forward simpler pension statements in 2022

The Department for Work and Pensions (DWP) has confirmed new rules simplifying disclosures for workplace pension schemes will come into force in October 2022. Reformed two-page annual statements for automatic… The post Government to bring forward simpler pension statements in 2022 appeared first on London Business News | Londonlovesbusiness.com.

SB Management sets its sights on Nordic start-ups

Ahead of its long-anticipated IPO on October 20, Norwegian robotic and software technology company AutoStore has announced that its share offering is already oversubscribed. That follows the revelation of its… The post SB Management sets its sights on Nordic start-ups appeared first on London Business News | Londonlovesbusiness.com.

Defaults on CBILS and BBLS could run as high as £22bn

As scheduled payments have commenced on the majority (55%) of CBILS and BBLS loans, following the initial 1-year period where neither interest nor principal payments were required, funding those payments… The post Defaults on CBILS and BBLS could run as high as £22bn appeared first on London Business News | Londonlovesbusiness.com.

59% of workers don’t think they’re paid ‘what they are worth’

A new survey by HR software provider CIPHR suggests that most people don’t believe they’re being paid what they think ‘they are worth’ to do their current jobs. And, perhaps… The post 59% of workers don’t think they’re paid ‘what they are worth’ appeared first on London Business News | Londonlovesbusiness.com.

Retailers rushing for festive finance

London-based financier 365 Business Finance, specialising in merchant cash advances, has had a 61% increase this October in demand from retailers for fast and flexible finance, as preparations for the… The post Retailers rushing for festive finance appeared first on London Business News | Londonlovesbusiness.com.

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