Business

Wasps rugby union club defaults on repaying bond investors

Wasps rugby union club defaults on repaying bond investors

Wasps rugby union membership defaults on repaying bond buyers – however guarantees to proceed to pay 6.5% curiosity whereas attempting to refinance debt By Tanya Jefferies for Thisismoney.co.uk Published: 09:29 EDT, 4 August 2022 | Updated: 09:29 EDT, 4 August 2022 Investors who lent cash to rugby union membership Wasps by way of a retail bond returning 6.5 per cent …

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UK interest rates rise LIVE: Recession looms as BoE hikes base rate

UK interest rates rise LIVE: Recession looms as BoE hikes base rate

BUSINESS LIVE: BoE hikes base fee to 1.75%; Rolls-Royce price controls carry expectations; Next boosted by clothes gross sales By Live Commentary Published: 02:48 EDT, 4 August 2022 | Updated: 09:00 EDT, 4 August 2022 Advertisement Share or touch upon this text: Some hyperlinks on this article could also be affiliate hyperlinks. If you click on on them we could …

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Car sales stay in reverse for a fifth consecutive month

Car sales stay in reverse for a fifth consecutive month

Car gross sales fell for a fifth consecutive month in July, with registrations of latest motors down 9 per cent, official figures present. Some 112,162 passenger vehicles entered UK roads final month as producers struggled to satisfy order volumes on account of an absence of semiconductor chips wanted to energy expertise in new autos. The Society of Motor Manufacturers and …

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BUSINESS LIVE: BoE decision looms; Rolls-Royce boosts margins

UK interest rates rise LIVE: Recession looms as BoE hikes base rate

BUSINESS LIVE: BoE rate of interest resolution looms; Rolls-Royce price controls carry expectations; Next boosted by clothes gross sales By Live Commentary Published: 02:48 EDT, 4 August 2022 | Updated: 02:52 EDT, 4 August 2022 Advertisement Share or touch upon this text: Some hyperlinks on this article could also be affiliate hyperlinks. If you click on on them we might …

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Seven pension scams to watch out for as crooks prey on the vulnerable

Seven pension scams to watch out for as crooks prey on the vulnerable

The surging price of dwelling may end in extra susceptible folks being taken in by the faux guarantees of pension scammers this winter, The Pensions Regulator has warned.  To spotlight the magnitude of the risk posed, TPR estimates that £2.5trillion price of pension wealth within the UK is ‘accessible’ to fraudsters, which represents a ‘large goal base for criminals’.  The …

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