Beleaguered fund management group New Star Asset Management is locked in talks with its lenders over the group’s £230m of debt after its shares fell back to an all-time low.
The situation has raised fears that investors may look for a quick exit from New Star funds. Already assets under management at […]
Managing director Phil Bentley has written to all customers highlighted last week and said he was ‘happy to allay’ their concerns.
And the energy company, Britain’s largest, has called in 300 staff to address problems with energy payments.
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The Mail on Sunday has been contacted by 1,500 readers worried that they are […]
Just weeks before Christmas, Aston Martin, Unilever and Halfords announced cuts to their workforces.
The losses will add to a growing tally as firms struggle in the worst economic downturn since the First World War.
Unemployment is at 1.8m, its highest level for 11 years. It is expected to rise to 3.3m by 2010.
Every day, about […]
The stubborn refusal of lenders to turn on the mortgage tap means hundreds of thousands of borrowers are stuck on unaffordably high rates.
And nothing Alistair Darling said last week will make any difference.
Until May, Lee Tibbenham and his partner Melissa Smith, who have a one-year-old son Joseph, were on a fixed-rate mortgage of 5.85% […]
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