A LONG-HELD LAW which placed banks above other claimants in insolvency cases has been overturned by the House of Lords but this could make getting a small business loan tougher, says the Daily Telegraph .
Law lords in the case of Natwest v Spectrum found employees and other creditors from insolvent companies, as well as the Inland Revenue, should be repaid book debts – ie money owed to companies - before...
First of a number of acquisitions
The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.
West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.
Employers need to do more to inform employees unaware of auto-enrolment Scottish Widows research shows.
Naomi Osinnowo asks what needs to be done to get people to engage with retirement planning.
Market turmoil erodes trust
Fund managers see 'signs of a tentative recovery'
Operating profits at £117m in first half
Cofunds integration offset expenses
'Others will also lose access to advice as the market implodes'