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...Advisers at the UK’s biggest wealth manager St James’s Place owe £920mn in business loans through a scheme facilitated by the company that allows them to buy clients from other advisers....
...The amount of underperforming loans extended by St James’s Place to its advisers more than doubled last year, as rising interest rates affected the ability of partners at the FTSE 100 wealth manager to repay...
‘St George’s Day was yesterday’
...Algy CluffSt Margaret’s Bay, Kent, UK...
...Analysts estimate that its St Tropez brand, which it purchased for £62.5mn more than a decade ago, could be worth £100mn Shares in the Manchester-based company were up by almost 5 per cent in morning trading...
...[Enlarge] Further reading:— Alert: Alphaville LLC issues new research report on Duchy of Cornwall (FTAV)— Greenland: Alphaville put on its sellside hat for the deal of the century (FTAV)— Alphaville LLC...
...St Vincent’s credo of reinvention continues. ★★★★☆ ‘All Born Screaming’ is released by Virgin Music/Fiction Records...
...“I think [this issue is] going to affect way more companies than just St James’s Place,” said Charlotte Ransom, CEO of discretionary wealth manager Netwealth....
...Hosted by Sarah Koenig and her long-term collaborator Dana Chivvis, Guantánamo tells the story of Guantánamo Bay, the detention facility for suspected terrorists situated on a US naval base in Cuba through...
...They say it’s untranslatable and I will not insult the land of my grandfathers by attempting it. Look it up. It’s lovely. Woolway it was who developed the rarebit croquette at St John, Marylebone....
...You play the Manor Lord — or perhaps Manor Speculator, given the vast swaths of empty countryside that make up your lands and whose development is the aim of the game....
...Prior to the earnings announcements on Thursday, the two companies’ share prices had been correlated for the year so far....
...Liam Neeson makes a break for it early in his new film, In the Land of Saints and Sinners....
...This is the company’s third negative earnings warning, for different reasons, since the summer....
...Simon J EvenettProfessor of Economics, University of St Gallen, Switzerland; Co-Chair, World Economic Forum Council on Trade & Investment Letter in response to this letter: Imposing tariffs...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Andy Streasick St Paul, MN, US...
...St James’s Place said it anticipated it would take between two and three years to settle the issue, and had engaged “extensively” with the FCA on the matter....
...Wealth manager St James’s Place has slashed its final dividend by 78 per cent and said payouts will remain at a fixed level for the next three years....
The musician Annie Clark loves flasher coats, food candles and phone calls
...Carroll Reeve Lavenham Community Land Trust, Lavenham, Suffolk, UK...
...We don’t have monumental structures visible in our lands — I see this as a nomadic monument.”...
...Bhavesh Mistry, British Land’s chief financial officer, said the company estimated that 1mn sq ft of new or refurbished space would be delivered each year from 2024-2027, compared with 2mn sq ft of typical...
...Farmers applying to the Sustainable Farming Incentive, one of the new subsidies, will be able to use only a quarter of their land for six different environmental measures that take land out of direct food...
...in large land transactions....
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