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Small wonder Coming clean

Prudential, MM’s land-lord, has issued a strong denial that the lack of hot showers available is cruel rev-enge for any past yarns or an attempt to cool the libidos of our hacks.

Apparently, a thor-ough investigation at Pru discovered it is an MM-installed shower and the Pru plumber reckons not a hot drop has passed through it for months. We can only hope the firm is not trying to imply that we are a grubby bunch of soap-dodgers.


Private matter

YFM Private Equity intends to raise up to £15m in C shares for its British sma-ller companies venture capital trust. The VCT was established in 1996 and raised £16.25m in its first two years. It has invested £18.2m in unquoted and Aim-listed companies to date since launch. The directors decided on a C-share issue rather […]

Championing the wonder product

Monday sees me recovering from a sleep-deprived Christmas. A trip to my sister and her family is like a sponsored stay-awake as her husband snores the loudest out of anyone I have ever met and explains why big sis chooses to work nights. After an uncomfortable night on the living room floor, complete with ear […]

Standard Life joins Thinc panel in first signing

Standard Life has signed its first multi-tie deal, grabbing the final berth on Thinc Destini’s panel of five product providers. The life office is expected to announce details of further multi-tie arrangements over the next few weeks, including a distribution arrangement with a high-street bank. Prudential earlier concluded a tie-up with the IFA and a […]

Clients can get self-cert equity status

High-net-worth clients will be able to certify themselves as sophisticated investors in order to invest cash in private equity under changes planned in the review of the Financial Services and Markets Act. Under the proposals, companies seeking private equity funding will be able to promote opportunities directly to HNW clients. Investors will have to self-certify […]


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