One of Wall Street's “distressed debt” specialists, Strategic Value Partners (SVP) raised almost $3 billion for a new fund as some investors grew more nervous about the scale of corporate indebtedness and effect of rising interest rates.
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22nd May 2025 | Updated at 02:29pm 22nd May 2025
UK and EU strike landmark post-Brexit deal
The United Kingdom and the European Union have signed a sweeping new deal aimed at resetting their post-Brexit relationship, easing restrictions on trade, travel, and defence cooperation in what leaders described as a “historic moment.”
Rich exodus rattles UK economy
Just a month ago, the abolition of the UK’s non-domiciled tax regime made headlines as it was reported that billionaire steel magnate Lakshmi Mittal, a long-time UK resident of nearly 30 years, was preparing to leave the country. While Mittal...
A new report, India meets Britain Tracker 2018 was launched by Mark Byers of Grant Thornton and HE Y K Sinha, High Commissioner of India in London on 26th April.
In June 2019, Mark Carney will be stepping down from his role as the Bank of England Governor,leaving many contenders waiting in the wings to take over...
49-year-old entrepreneur, Sandy Chadha, who once wagered a Bentley limousine as part of a takeover deal, is in preparation to bring his battery and ecigarette...
The Bestway Group has announced its financial results for the year ended 30 June 2017.
Daily penalties of £10 will soon hit those yet to submit their 2016/17 Self-Assessment tax return form. It has led the Low Incomes Tax Reform Group (LITRG)...
The Russia crisis has escalated. With Trump also expelling diplomats and EU avoiding serious tariffs from Trump but instead likely to work with him on tackling China and a hard Brexit likely to be avoided, one could see how the EU is the key...
Jain International Trade Organization UK (JITO UK) recently organised a networking event and international conference on Blockchain and Crypto Currencies, its importance, its current and future applications. The conference was attended by businesses...
The Low Incomes Tax Reform Group (LITRG) is calling on couples to declare money held in joint accounts otherwise they might face penalties for non-disclosure, and has suggested to HMRC ways they can prevent people falling unwittingly into non-compliance...
On Wednesday 13th March, Chancellor Philip Hammond introduced the first Spring Statement in Britain, in which he unveiled upgraded projections from growth...
