Private equity eyes a deal with Reeves on carried interest

Labour’s agenda highlights tension between raising taxes and courting internationally mobile financiers

World - Financial Times - October 29

Carried interest: private equity’s tax break

The lower-taxed performance fee has helped buyout firms’ executives amass personal fortunes

Business - Financial Times - October 27

How will UK tax rises on private equity’s carried interest work?

Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026

Business - Financial Times - October 31

Private jets, carried interest and non-doms

Plus, Harvey Schwartz leaves a troubled fintech’s board and BHP sends mixed messages about interest in buying its rival

World - Financial Times - October 31

Outgoing Manulife CEO says more scrutiny of private equity deals ‘welcome’

Roy Gori says increased oversight would be a way to reinforce confidence in the insurance industry

Business - Financial Times - 3 days ago

Why These Fast-Growing Companies Turned to Private Equity

PE firms get a bad rap. These CEOs partnered with them anyway.

Business - Inc. - November 7

Will home equity loan interest rates fall in November?

Waiting for a chance to tap into your home equity at an affordable rate? Here's where rates could head in November.

Siemens to Buy Altair in $10.6 Billion Equity Deal

The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.

Business - The Wall Street Journal - October 30

Senators take aim at big private equity landlords as rents soar

With home and apartment rental costs soaring, four Democratic senators are calling for more scrutiny on Wall Street financiers snatching up rental homes.

UK tax raid on private equity could raise £1bn, say researchers

Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changes

Business - Financial Times - October 25

Japanese lift maker Fujitec explores sale to private equity

Talks with multiple groups including Sweden’s EQT have taken place in recent months

World - Financial Times - October 30

UK hits wealthy with raids on non-doms, private equity and estates

Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreigners

Business - Financial Times - October 30

Unilever shelves planned sale of its ice cream business to private equity

Chief executive Hein Schumacher wants to separate division as part of turnaround plan

Business - Financial Times - Yesterday

Grant Thornton UK picks private equity over US merger

Accounting firm agrees to sell stake to buyout group Cinven

World - Financial Times - Yesterday

Private equity landlords' screening process discriminated against renters, lawsuits contend

Two large private equity-backed landlords discriminated against prospective tenants by relying on faulty screening systems, according to two lawsuits.

Budget deals struck with all departments, says Reeves

Despite reports of internal rifts all government departments have agreed spending settlements, Reeves says.

What causes home equity loan interest rates to drop? And will they keep falling?

Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.

What's the home equity loan interest rate forecast for November 2024?

Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.

How far will home equity loan interest rates drop in November?

Home equity loans could decline in November, but that isn't the only feasible possibility, experts say.

How low will home equity loan interest rates drop in November?

There are a few events in November that could help push home equity borrowing rates lower, experts say.

How far have home equity loan interest rates fallen in 2024?

Home equity loan interest rates have been on a steady downward path all year. Here's what to know now.

4 risks of waiting for home equity loan interest rates to fall further

Home equity loan interest rates are falling, but is it worth waiting for them to drop further? Here's what to know.

Sources: Madrid eye Jan. deals, keen on TAA

Real Madrid are considering making signings in the winter transfer window with Trent Alexander-Arnold their preferred option to address their defensive issues, sources told ESPN.

Sports - ESPN - November 8

The Budget should not be a big deal for interest rates

Bank of England has already had plenty of time to react to the chancellor’s thinking

Business - Financial Times - October 31

Boomers beware: Tapping home equity to pay for long-term care carries serious risks

Long-term care “will force people to deplete many of their assets.”

Business - MarketWatch - October 24

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