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The Australian investment bank Macquarie has returned to the UK water industry – four and a half years after leaving Thames Water saddled with debt – buying a majority stake in Southern Water for more than £1bn. The infrastructure investor promised to put the utility firm “back on a stable footing” after it was fined …
Q I am a 56-year-old man with nine years left on my £70,000 mortgage. The mortgage is split so that £20,000 is on a repayment basis and the remaining £50,000 is interest only. I reckon I could sell my house for £225,000 so I have £155,000 equity. I have no savings whatsoever and all of …
Can you please advise me what to do with a new electric car that has been sitting unused in my garage for almost 12 weeks now? In May I took delivery of a brand new VW ID.3 electric car that I had leased though a firm called LeasePlan. On arrival it immediately became clear that …
A South Korean cosmetics company is making a major push into Britain, and claims that those who sign up to be a sales representatives can earn thousands in commission each week, and bonuses of up to £720,000. Founded in 2009, Atomy has become one of the world’s biggest “multilevel marketing” (MLM) companies – where individuals …
When the Bank of England announced on Thursday that it had left interest rates on hold at just 0.1%, it made a prediction about inflation. The rate of price rises would increase in the near-term it said “and is projected to rise temporarily” to 4% in the winter. This would put it at its highest …