Financial

Santander Ceases Offering Lowest Mortgages as Swap Rates Climb

Highlights:,Santander UK withdraws eight five-year fixed-term mortgage products, signaling a potential end to recent competitive pricing among lenders...

Darktrace's Ex-Boss Named Interst Minister Ahead of Key Summit in Lo...

Highlights:,Poppy Gustafsson appointed as the UK's new investment minister following the sale of Darktrace.,Gustafsson will chair the Office for Inves...

Braveheart’s Stock Increases by 14% After Securing CEO’s Stake in IQ...

Highlights,Braveheart Investment Group has acquired a 29.5% stake in IQ-AI, a brain cancer diagnostics company, from CEO Trevor Brown.,The transaction...

How has Jupiter Fund Management Performed in Q3 2024?

Key Points:,Total Net Outflows,: Jupiter reported,£1.6 billion,in net outflows for Q3 2024, totaling,£5.0 billion,year-to-date.,Positive Underlying Fl...

Saga in Exclusive Negotiations with Ageas for Long-Term Insurance Pa...

Key Points:,Long-Term Partnership,: Saga is negotiating a 20-year affinity partnership with Ageas to enhance its motor and home insurance offerings.,F...

Jupiter Sees Continued Pressure from Outflows in Its Portfolio of Fu...

Highlights:,Jupiter Fund Management PLC reports £1.6 billion in outflows for the quarter ending September 30, 2024, totaling £5 billion in outflows ye...

Voco Platform Success at Grand Designs Live Addressed by Electric Gu...

Highlights:,Electric Guitar PLC CEO John Regan discusses the deployment of the Voco platform with NFC technology at the Grand Designs Live event in Bi...

Saga and Ageas Establish 20-Year Insurance Alliance

Highlights:,Saga PLC announces exclusive negotiations with Ageas to establish a 20-year partnership for motor and home insurance.,Ageas will acquire S...

Jupiter Fund Management Faces Drop in AUM Amid £1.6 Billion Client W...

Highlights:,AUM Decline,: Jupiter Fund Management's AUM dropped to £50.1 billion as of September 30, down from £51.3 billion in the previous quarter.,...

UIL Acquires Majority Stake in Zeta Resources Limited

Key Points:,UIL Acquires 95.03% of Zeta Resources: UIL is set to merge Zeta's investment platform with its own after acquiring GPLPF’s 187 million sha...

KinderCare Learning Companies Begins Trading on NYSE Following Succe...

Key Points:,Successful IPO,: KinderCare’s shares began trading on the NYSE, priced at USD 24.00, with Partners Group retaining a 71% stake.,Industry L...

Ramsdens Holdings Reports Record FY24 Profit, Sets Stage for Further...

Key Points:,Ramsdens Holdings expects to report record profit before tax of at least £11 million for FY24, a 9% increase from FY23.,The company’s dive...

Liontrust Asset Management Reports £1.1 Billion Net Outflows in Q3 2...

Liontrust Asset Management Plc (LSE:LIO), a specialist independent fund management group, has released its trading update for the quarter ending on 30...

Liontrust Shares Hit Near Seven-Year Low Following Market Trends

Highlights:,Liontrust Asset Management reported continued elevated outflows, resulting in total assets under management declining by 4% to £26 billion...

CMC Markets has recorded a first-half profit, marking a successful t...

Highlights:,CMC Markets achieved a 45% year-on-year increase in net operating income, reaching £180 million in the first half of 2024.,Operating costs...

Electric Guitar has implemented Voco with NFC technology for the fir...

Highlights:,Electric Guitar PLC’s subsidiary, 3radical, successfully deployed NFC-enabled Voco technology at the Grand Designs Live event in Birmingha...

The London Stock Exchange Group has been assessed as ‘fairly priced’...

Highlights:,London Stock Exchange Group PLC receives a minor upgrade from Deutsche Bank ahead of its upcoming quarterly earnings report.,Deutsche Bank...

Pacific Assets Trust: Recent Financial Performance, Sustainability,...

Key Points:,Pacific Assets Trust’s annualized return of 7.7% lags behind its performance objective, but inflation stabilization offers hope for improv...

InvestAcc Group: Acquisition of InvestAcc Holdings Completed and Re-...

Key Points:,The acquisition of InvestAcc Holdings marks a major step in the Company’s strategy to become the UK’s leading specialist pensions administ...

Brooks Macdonald is now the owner of a wealth planning firm based in...

Highlights:,Brooks Macdonald Group plc acquires Manchester-based wealth management firm LIFT-Financial for an initial £30 million, potentially rising...