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Ofgem has published plans to cut baseline annual rates of return to 4.75 per cent for the five years from April 2023, down from about 6.8 per cent under the current regime. This means the companies that own the UK’s local electricity distribution...

US pharmacy giant Walgreens has dropped plans to sell Boots, saying buyers were unable to raise enough funds due to instability in financial markets. Walgreens said it had various offers for the pharmacy business after it put Boots up for sale...

Rescuers retrieved eight more bodies at the landslide site in Manipur’s Noney district, taking the death toll in the tragedy to 29. A massive landslide had struck Noney last week. Among the bodies recovered, five are of soldiers of the Territorial...

Britain’s small businesses will hire thousands of people over the next year, even amid soaring inflation and rising interest rates. According to reports, private firms with revenue of less than £250 million, will create more than 6,000 jobs...

Recently, we were introduced to a client who requires a mortgage for a large transaction in Central London, of £6M.  He has a couple of BTL properties in the background, which he accumulated by each time upgrading his residential home.  I think...