Latest in Funds Financing
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FCA to give car finance sector more time to handle surging complaints
UK financial regulator launches consultation after landmark Court of Appeal rulingWorld - Financial Times - 2 days ago -
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - Yesterday -
Collapsed London Capital & Finance operated as Ponzi scheme, court rules
High Court judge finds individuals connected with scandal liable for damagesBusiness - Financial Times - Yesterday -
Expert on tips to boost your finances before the new year
With just six weeks left in 2024, Jill Schlesinger shares practical tips to help you save or even earn extra cash by the new year.Top stories - CBS News - 23 hours ago -
US unveils sanctions targeting Hezbollah funding
The Biden administration announced new sanctions Wednesday against three individuals and four companies with alleged ties to revenue streams for the Lebanese militant group Hezbollah. A press ...Politics - The Hill - October 16 -
GOP senators push for more FEMA funding
A group of GOP senators announced legislation Wednesday to replenish a critical disaster relief fund as members on both sides have sounded alarm over its finances amid back-to-back hurricanes. The ...Politics - The Hill - October 16 -
Unequal school funding hobbles the American dream
The next administration must act on disparities in education resources and teaching quality that choke social mobilityWorld - Financial Times - October 17 -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
The index fund cushion is an equal opportunity booster for stocks
S&P 500 index and ETF money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades.Business - CNBC - October 20 -
The funding crisis threatening England’s special needs education
Cost of specialist school places is placing huge financial strain on cash-strapped councilsWorld - Financial Times - October 21 -
NHS will not fund new drug to slow Alzheimer’s
A new drug that slows the pace of Alzheimer's disease is too expensive for too little benefit to be used on the NHS, the watchdog says.Top stories - BBC News - October 23 -
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Investment funds circle visual effects group Technicolor
The Paris-based moviemaking tech company is holding talks over a potential saleBusiness - Financial Times - October 24 -
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.Business - The New York Times - October 25 -
Chancellor sets out new funding for extra NHS appointments
The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.Top stories - BBC News - October 29 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Levellr raises funds for tools to manage Discord communities
Levellr has raised $1.75 million for its community management and insights tools used by companies to manage Discord communities.Tech - VentureBeat - November 1 -
Trump wins tip scales for GOP on government funding
Republican electoral wins in both the presidential race and the Senate are changing the game on government funding, as Congress braces for a battle over federal spending when lawmakers return next ...Politics - The Hill - November 8 -
How Thames Water became a battleground for hedge funds
Rival groups of bondholders are vying to extend loans to the troubled UK utilityBusiness - Financial Times - 5 days ago -
Fund manager Terry Smith’s pay falls to £28mn
Stockpicker’s investment firm Fundsmith weighed down by his decision to shun chipmaker NvidiaBusiness - Financial Times - 4 days ago -
Morning Report — Congress starts the funding sprint
In today’s issue: Congress is back in town. Lawmakers begin their lame-duck session today and are facing a Dec. 20 funding deadline ahead of the holidays and the swearing in of the 119th Congress ...Politics - The Hill - 3 days ago -
Pharmacies vote to cut opening hours in funding protest
Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.Top stories - BBC News - Yesterday -
EU governments struggle to fund green transition
Investors in Czech solar parks threaten to sue Prague over planned cuts to subsidies for photovoltaic installationsWorld - Financial Times - Yesterday -
Britain’s bold plan to create super funds
The case for consolidating the UK’s sprawling pension arsenal is strongBusiness - Financial Times - 21 hours ago -
China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industryWorld - ABC News - October 17 -
Blasts heard across Beirut after Israel warns it will hit Hezbollah-linked finance group
Hundreds evacuate after Israeli military says it will strike areas linked to Al-Qard Al-Hassan association, a US-sanctioned banking system. See all our Middle East coverage Hundreds of Beirut ...World - The Guardian - October 21