Breakfast briefing: Retail News on French Connection, Notonthehighstreet, M&S and moreRetail WeekOnline retailer Notonthehighstreet.com has secured £21m from its investors in a move to expand in the UK and international markets, This is Money reported. The fundraising was led by German media investor Hubert Burda Media as well as existing ...
L&G moots new mortgage 'marketplace' matching investors with homebuyersTelegraph.co.ukSmith said: “Housing is completely fundamental to the health of the UK economy. The more money people have the more they invest and save. “A well-functioning housing market with balanced supply and demands that doesn't overheat is something we ...and more »
BloombergBrexit Boosts Lure of Sticky Deposits for U.K. Banking StartupsBloombergThe potential for whipsawing markets and wider spreads post-Brexit is convincing banking startups that the stickiness of deposit funding is worth the cost and effort needed to convince customers to move their money. British regulators are in talks with ...and more »
Scottish households see biggest rise in wealth in UKScotsmanTom McPhail, head of pensions research at Hargreaves Lansdown Pensions, said that public sector guaranteed final salary pensions could be a factor influencing the increase in Scotland's personal wealth. He said: “If you look at the demographics ...and more »
BBC NewsDebt woes 'weigh heavily' on young people, survey findsBBC NewsMore than a third of young people have debts of almost £3,000 and experience significant concerns about money. A survey of 2,042 people aged 18 to 24 conducted for the Money Advice Trust by YouGov found that they borrowed using credit cards, ...and more »