Property income tax to rise in fresh blow for landlords
From April 2027, a 2 percentage point increase will be applied to basic, higher and additional rates
UK
Citi reshuffles deckchairs but investors would rather it made waves
US bank’s shareholders would prefer progress over process
What the budget could mean for you – experts react to the chancellor’s announcement
UK chancellor Rachel Reeves has made some significant reforms in her latest budget. Notably, she has committed to easing living cost pressures with widespread energy bill support, higher taxes for the most expensive homes, and axing the two-child cap on certain benefits.
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EQT set to hand debt-laden French nursing home company to creditors
Blackstone and KKR among the groups preparing to take control of Colisée and inject more than €250mn
Britain’s wealthiest are voting with their feet
Plus, lenders take control of a French nursing home group and companies dump crypto holdings
US personal injury firms lead effort to bring private equity into legal sector
Attorneys who pioneered billboard advertising are again pushing the boundaries around outside ownership of law groups
Don’t worry about another leveraged gilt market blow-up
Keep calm and carry on
Voice trading makes a comeback in $30tn Treasury market
The rise of leveraged hedge fund strategies means more trades conducted by phone or messaging
New ABN Amro chief to axe almost a fifth of staff
Marguerite Bérard plans to cut 5,200 full-time roles by 2028 as part of overhaul at Dutch lender
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