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Monthly Archives: June 2017

Blackstone lines up £6bn swoop on B&B loans

Blackstone, the New York-based private equity giant, is preparing to swallow another multibillion-pound portfolio of loans owned by bailed-out British banks with an offer...

Bank misses deadline for HBOS scam payouts

Lloyds Banking Group has offered £35,000 each to cover expenses for victims of the HBOS fraud scandal after missing a self-imposed end of June...

How our thirst for spending has cut savings

There were lots of nuggets about the state of the economy that have emerged and just about none of them are very encouraging. GDP growth...

Ron Dennis cuts McLaren ties with stake sale

Ron Dennis, the former boss of the McLaren automotive group, is to sever ties with the Formula One company after 37 years. The announcement of...

Markets in a spin as end to stimulus nears

It hasn't felt as panicked as it was during the eurozone crisis, five years ago, but this has been a choppy week for the...

Dennis to sell McLaren shares in £275m deal

Ron Dennis, the former boss of the McLaren automotive group, is to sever his decades-long ties with the company with the sale of his...