Balanced Commercial Property Trust sheds more offices amid ‘challenging’ market
The commercial property investor Balanced Commercial Property Trust has shed more offices as part of its strategy to focus more on the food and beverage sector.
Premier Milton: Demand for UK equities still ‘weak’
In a trading update covering the third quarter, Premier Milton reported that its AUM stood at £10.6bn at the end of June.
Pressure mounts on Biden to quit after he calls Zelensky ‘Putin’ and his own VP Harris ‘Trump’
US President Joe Biden had a few slip ups at press conference following Nato Summit, as he battles calls from within his own party to step down.
Softbank snaps up Graphcore in AI push
British chipmaker Graphcore has been snapped up by Softbank.
Ashmore: Billions pulled from fund manager as risk appetite remains ‘subdued’
"Investor risk appetite remains subdued and institutional decisions to reduce Emerging Markets exposure continue to drive net outflows," Ashmore said in a trading update.
High interest rates and the election dampened London prime property market
It was a slow June for London prime property, with transactions down 17 per cent compared to the same month last year. Analysts have blamed the general election for the dip in demand, as buyers wait
FTSE 100 today: London markets set for third consecutive day of gains
Asian stocks slipped as US tech shares fell, and the two-year Treasury yield dropped to a four-month low. Focus on US producer prices.
UK banking complaints hit 10-year high amid surge in third-party claims
Official UK banking complaints have hit their highest level in a decade, partly driven by claims management companies that the financial ombudsman is trying to clamp down on.
