Paragon has confirmed it has entered discussions with several parties over a potential offer for the firm. The buy-to-let specialist lender says it has entered into discussions and is providing some due diligence access.
Annie Shaw is a freelance financial journalist All things must pass and this column has reached the end of its useful life. It would be churlish not to mention my final fling on behalf of the Shaws. Between two days of continuous summer downpours, I spent a gloriously sunny day at Newmarket as a guest of fund manager T Bailey in the presence of PRs Martin Stott and Kirsty Wiser. Lanson Ladies’ Day at Newmarket’s July course provided a fitting finale for this column.
Jamie Clark gives the lowdown on what happens when an employer fails to pay auto-enrolment fines. An employer has been served County Court Judgement (CCJ) for failing to pay auto-enrolment fines, according to the latest data from The Pensions Regulator (TPR). The CCJ TPR cite a case where a removal company continually ignored them despite […]
The pound has edged higher on the news prime minister Theresa May might achieve a breakthrough Brexit deal. Yesterday the story broke that a draft deal between UK and EU negotiators was in the pipeline and the pound rose 1.4%, trading at $1.3036 against the dollar and reaching €1.1542, a near seven-month high, against the Euro. The […]
Intrinsic wealth network managing director Stephen Fryett is set to leave the business the business in mid-2019. Fryett has been with Intrinsic since its formation in 2005, initially as network sales director before becoming managing director of the wealth network in 2016. Fryett overlooked investment and pension advisers at the wealth network. The company said […]
The FCA has banned the boss of a debt management firm who used client money to purchase his business. Darren Lee Newton is the former owner of First Step Finance Limited which he acquired for £322,500 in 2013. The amount was transferred to First Step’s prior director Christine Whitehurst directly from new clients’ accounts, despite a shortfall in client […]