As we approach the time to remortgage, we have received an offer for a five-year mortgage rate of 4.17%. Our previous remortgage in October 2022 occurred during a period of market instability, resulting in a higher rate of 5.87%. While the new rate is an improvement, we recognize it may not be the lowest available…
At just 16, Dean Forbes found himself “broke and homeless,” but over a decade later, he reflects, “we were selling the software company I worked for to Oracle, transforming my life and my family’s financial situation in ways we never dreamed possible.” Now at 45, Forbes serves as the CEO of Forterro, a private equity-funded…
Prominent shareholders in a British firm advancing the development of an innovative engine for a next-generation space vehicle, often referred to as the new Concorde, have notably decreased the assessed value of their investments. Artemis has reduced the valuation of its 2.3 per cent share in Reaction Engines by a staggering 75 per cent, following…
Shell’s recent performance has been bolstered by improved gas trading and production, although the company continues to face challenges with diminishing refining margins. The company has adjusted its liquefaction volume guidance, now estimating between 7.3 million and 7.7 million tonnes, an increase from the previous range of 6.8 million to 7.4 million tonnes, and higher…
Automaker Stellantis has announced a significant recall involving close to 200,000 plug-in hybrid vehicles due to concerns over a potential fire risk. This decision comes shortly after the company issued a surprising profit warning. The recall primarily affects 194,000 Jeep-branded vehicles, predominantly located in North America, where there have been reports of fires occurring in…
A recent survey indicates that women occupying senior positions in private companies are almost certain to encounter gender bias. The study conducted by the law firm Cripps highlights that all 101 directors and founders surveyed reported experiencing gender-based bias, with an overwhelming 95 percent acknowledging that it impacted their careers. Women within firms generating revenues…
During her Labour Party conference speech, Rachel Reeves made a strong declaration: under her leadership as Britain’s first female chancellor, there will be “no return to austerity.” She assured attendees that public spending would increase in real terms, backed by a combination of tax hikes and some additional borrowing as part of the budget announcement…
A prominent artificial intelligence researcher in the UK has issued a warning against what he considers an “extremely dangerous” mindset regarding the technology’s application, responding to statements made by a government official about AI’s role in enhancing public services. Neil Lawrence, who serves as a professor of machine learning at the University of Cambridge, addressed…
Investors are eyeing shares in Lloyds Banking Group, which are projected to provide returns exceeding 5% over the next year. Consequently, the stock has become one of the most actively traded among retail investors utilizing platforms like Hargreaves Lansdown and AJ Bell. However, many investors may be opting to sell rather than buy, as the…